CALGARY, ALBERTA--(Marketwire - March 4, 2010) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) today announced that it is conducting a non-binding open season for gas storage and transportation services through its wholly owned subsidiaries Enbridge Gas Distribution Inc. and Niagara Gas Transmission Limited.
The non-binding open season will allow Enbridge to assess the feasibility of developing incremental gas storage capacity/services at Enbridge Gas Distribution's Tecumseh storage facility located near the Dawn gas trading hub and developing incremental transportation capacity on the Corunna-Tecumseh-Dawn pathway.
Enbridge has a range of gas storage and transportation development options which can be put into place in a timely basis, to take advantage of market opportunities such as US shale gas and gas fired generation.
The open season closes on March 26, 2010. Information packages and bid forms are available online at:
www.enbridge.com/gasexpansion
Alternatively, inquiries regarding this open season gas storage and transportation offering can be directed to:
/T/
Ron Brintnell
Enbridge/ Gas Open Season
Fax: (403) 231-5781
Phone: (403) 266-7932
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Enbridge Inc., a Canadian company, is a North American leader in delivering energy. As a transporter of energy, Enbridge operates through its wholly owned subsidiaries, in Canada and the U.S., the world's longest crude oil and liquids transportation system. The Company also has a growing involvement in the natural gas transmission and midstream businesses, and is expanding its interests in renewable and green energy technologies, including wind and solar energy, hybrid fuel cells and carbon dioxide sequestration. As a distributor of energy, Enbridge owns Enbridge Gas Distribution Inc., Canada's largest natural gas distribution company, which currently owns 100 Bcf of underground gas storage facilities, and Niagara Gas Transmission Limited, which owns gas transmission pipelines regulated by the National Energy Board, including the Corunna to Tecumseh Niagara Link Pipeline. Enbridge Gas Distribution and its affiliates distribute natural gas to about 1.9 million customers in Ontario, New York State, New Brunswick and southwestern Quebec. Both companies are owned by Enbridge Inc., a Canadian-based leader in energy transportation and distribution, and a Top 100 Canadian Employer for 2010. Enbridge employs approximately 6,000 people, primarily in Canada and the U.S. Enbridge's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit enbridge.com.
For more information please contact:
Enbridge Inc.
Jennifer Varey
Media
(403) 508-6563 or Toll Free: 1-888-992-0997
jennifer.varey@enbridge.com
or
Enbridge Inc.
Vern Yu
Investment Community
(403) 231-3946
vern.yu@enbridge.com
www.enbridge.com