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Enbridge plans $185M Athabasca Pipeline capacity expansion to support Cenovus’ Christina Lake oilsan
News Articles | Penn Energy | September 02, 2010
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Enbridge Inc. (TSX:ENB, NYSE:ENB) will undertake a $185 million expansion of its Athabasca Pipeline to accommodate recent shipping commitments by the Christina Lake oil sands project operated by Cenovus.
The Athabasca Pipeline transports crude oil from various oil sands projects to the mainline hub at Hardisty, Alberta. Following this expansion, which is expected to be in service in the third quarter of 2013, the capacity of the Athabasca Pipeline will be 430,000 bpd, depending on crude slate.
“The Athabasca Pipeline can be expanded to as much as 570,000 bpd,” said Stephen J. Wuori, Executive Vice-President, Liquids Pipelines, Enbridge Inc. “Depending on the needs of other shippers we may revise the scope of this expansion upward prior to regulatory filing. Such additional capacity would be available in the third quarter of 2014.”
Since mid-2009, Enbridge has announced approximately $1.8 billion in commercially secured projects to expand and extend its Regional Oil Sands System.
“All of these projects fit well with Enbridge’s investment profile and further strengthen our capacity within the region, enhancing our strategic advantage,” said Wuori.
Enbridge is the leading pipeline operator in the Fort McMurray to Edmonton/Hardisty corridor and well positioned to tie-in new oil sand developments to mainline pipelines and increase capacity for current customers. Enbridge’s Regional Oil Sands Infrastructure includes the Athabasca and Waupisoo pipeline systems, connecting six producing oil sands projects.
The Athabasca Pipeline is a 540-kilometer pipeline in operation since March 1999 with an annual capacity of up to 570,000 barrels per day of crude oil (depending on crude viscosity) from the Athabasca and Cold Lake regions of Alberta, south to Hardisty, Alberta.
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