Thursday, December 6, 2012

Enbridge Partners Will Invest $3.4 Billion in Projects to Handle All That Bakken Oil; Unspecified Amounts To Be Funded by Enbridge

From Yahoo!In-Play:
Enbridge Energy to invest $3.4 bln in light oil market acces program: Co announced its plans to invest in a Light Oil Market Access Program to expand access to markets for growing volumes of North Dakota and western Canada light oil production. The overall Program includes a number of individual projects, some of which will be jointly funded by the Partnership and Enbridge, and certain projects that will be funded entirely by the Partnership. Enbridge Partners' investment in the Program is expected to be approximately $3.4 billion.
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