Posted AT 8:43 PM EST on 07/05/08
To Texas by sea? Enbridge revamps pipeline plans
CALGARY Delays in the oil sands are forcing Enbridge Inc. to rethink its proposed $2.6-million pipeline to the U.S. Gulf Coast, as oil producers wrestling with technical hurdles hesitate to commit to the pipeline.
Enbridge is now considering a scaled-down, $500-million plan that would rework existing infrastructure to supply a smaller amount of crude to the Gulf Coast refineries by sea via Maine, said chief executive officer Pat Daniel.
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