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Enbridge Inc T.ENB.PR.Y


Primary Symbol: T.ENB Alternate Symbol(s):  ENB | T.ENB.PF.A | T.ENB.PF.C | T.ENB.PF.E | ENBOF | ENBFF | T.ENB.PF.G | EBBNF | T.ENB.PF.U | T.ENB.PF.V | EBGEF | T.ENB.PR.A | ENBGF | T.ENB.PR.B | EBRGF | T.ENB.PR.D | EBRZF | T.ENB.PR.F | T.ENB.PR.H | ENBHF | T.ENB.PR.J | ENBRF | T.ENB.PR.N | ENNPF | T.ENB.PR.P | ENBMF | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


TSX:ENB - Post by User

Comment by Quintessential1on Jan 22, 2022 8:58pm
1707 Views
Post# 34348920

RE:Enbridge purchases Northwest B.C. pipeline from Chevron

RE:Enbridge purchases Northwest B.C. pipeline from ChevronNot sure but they do not have to pursue LNG to make good use of that pipeline.  West Coast Energy can supply the north west of BC with natural gas using that feeder and they do not neccessarily have to pipe it all the way from Alberta.  BC has plenty of its own NG along the route.

I wouldn't rule out an LNG facility especially with Woodside and Chevron looking to leave but I would imagine Enbridge wants to pick up the PTP for a song.  They'll play down the plant for a now and sing the praises of the piipeline for BC NG distribution.

I am also not sure if that pipeline (which is not built yet) could be made to accomodate crude. Competition for Trans Mountain?

Goes without saying that it will be a while before it becomes accretive in any way.

Go Enbridge! ;-)



silkos wrote: For an undisclosed amount ... What's the master plan here?

Enbridge purchases Northwest B.C. pipeline from Chevron, Woodside


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