CALGARY, ALBERTA--(CCNMatthews - March 28, 2005) - Enbridge Inc. announced today that its wholly owned affiliate Enbridge (Offshore) Gas Transmission LLC has acquired the remaining 20% interest in Garden Banks Gas Pipeline, LLC, from an affiliate of Amerada Hess Corporation. The 30-inch diameter Garden Banks pipeline has a capacity of 1 billion cubic feet per day, and transports production originating from the Auger platform in Garden Banks Block 426, the Enchilada platform in Garden Banks Block 128, and the Baldpate platform in Garden Banks Block 260. The pipeline extends 50 miles from Garden Banks Block 128 to South Marsh Island Block 76 in the Gulf of Mexico offshore of Louisiana and interconnects with four interstate pipelines to move natural gas onshore.
Enbridge Inc. 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 international operations and 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 4,000 people, primarily in Canada, the United States and South America. Enbridge's common shares trade on the Toronto Stock Exchange in Canada and on the New York Stock Exchange in the United States under the symbol ENB. Information about Enbridge is available on the Company's web site at www.enbridge.com .
For more information please contact:
Enbridge Inc.
Jim Rennie
Media
(403) 231-3931
Email: jim.rennie@enbridge.com
or
Enbridge Inc.
Colin Gruending
Investment Community
(403) 231-5919
Email: colin.gruending@enbridge.com
Website: www.enbridge.com