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Enbridge Inc T.ENB.PR.N


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

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

Post by Quintessential1on Jun 14, 2023 6:46pm
574 Views
Post# 35497018

North Dakota tribe buys idle oil pipeline from Enbridge

North Dakota tribe buys idle oil pipeline from Enbridge

The 50 kilometre (31-mile) pipeline is the closest one to the tribe's Thunder Butte Petroleum subsidiary's transloading and oil storage facility. It can transport 15,000 barrels a day.

The pipeline was purchased for $5 million.

Mike Koby, vice president of U.S. liquids pipelines operations for Calgary, Alberta-based Enbridge, said the MHA Nation will be the first tribal shipper on an Enbridge pipeline. Owning the pipeline will benefit the tribe financially, he said.

The tribe said it expects the pipeline, which will connect its oil facilities on its Fort Berthold Reservation to Enbridge's large pipeline network, will be up and running within a year.




https://calgary.ctvnews.ca/north-dakota-tribe-buys-idle-oil-pipeline-from-enbridge-1.6436574

So they sold them a little pipeline that was not used for $5 million and will charge them tolls when they get to the big pipeline. 

Go Enbridge! ;-)
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