HOUSTON, TEXAS AND CALGARY, ALBERTA--(Marketwire - May 20, 2009) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) today reported a successful non-binding Open Season for the proposed Enbridge LaCrosse Pipeline. The proposed interstate pipeline would transport 1.0 to 1.8 billion cubic feet per day of natural gas from Carthage, Texas, to Washington Parish in Southeastern Louisiana.
"Based on the strong indications of shipper support received during the non-binding Open Season, we plan to move forward with further development of plans for this important and timely interstate natural gas pipeline project," said Pat Daniel, President and Chief Executive Officer, Enbridge, Inc.
The pipeline could interconnect with as many as 12 pipelines, depending on shipper interest. Enbridge also is exploring the possibility of extending the pipeline to Florida Gas Transmission's Station 10 near Wiggins, Mississippi. The proposed project is expected to be completed in early 2012. Additional information on the proposed LaCrosse Pipeline is online at www.lacrosse.enbridgeus.com.
Any other potential shippers desiring further information should contact:Darlene Clark Mark DeRusse(713) 821-3357 (713) 821-6195darlene.clark@enbridge.com mark.derusse@enbridge.comSteve Marsh(713) 821-2084steve.marsh@enbridge.com
About Enbridge
Enbridge Inc., a Canadian company, is a leader in energy transportation and distribution in North America and internationally. As a transporter of energy, Enbridge operates, 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. As a distributor of energy, Enbridge owns and operates Canada's largest natural gas distribution company, and provides distribution services in Ontario, Quebec, New Brunswick and New York State. Enbridge employs approximately 6,000 people, primarily in Canada and the U.S. Enbridge's common shares trade on the Toronto Stock Exchange in Canada and on the New York Stock Exchange in the U.S. under the symbol ENB. Information about Enbridge is available on the Company's web site at www.enbridge.com.
Certain information provided in this news release constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast" and similar expressions are intended to identify such forward-looking statements. Although Enbridge believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of risks and uncertainties pertaining to operating performance, regulatory parameters, weather, economic conditions and commodity prices. You can find a discussion of those risks and uncertainties in our Canadian securities filings and American SEC filings. While Enbridge makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Except as may be required by applicable securities laws, Enbridge assumes no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.
For more information please contact:
Enbridge Inc. - U.S.
Terri Larson
Media
(713) 353-6317
Email: usmedia@enbridge.com
or
Enbridge Inc. - Canada
Jennifer Varey
Media
(403) 508-6563 or Toll Free: 1-888-992-0997
Email: jennifer.varey@enbridge.com
or
Enbridge Inc.
Vern Yu
Investment Community
(403) 231-3946
Email: vern.yu@enbridge.com
Website: www.enbridge.com