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Bullboard - Stock Discussion Forum Enbridge Inc 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.PR.Y | 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... see more

TSX:ENB - Post Discussion

Enbridge Inc > Enbridge purchases Northwest B.C. pipeline from Chevron
View:
Post by silkos on Jan 22, 2022 8:14pm

Enbridge purchases Northwest B.C. pipeline from Chevron

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

Enbridge purchases Northwest B.C. pipeline from Chevron, Woodside
Comment by Quintessential1 on Jan 22, 2022 8:58pm
Not 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 ...more  
Comment by autofocus111 on Jan 23, 2022 7:59pm
Puzzling move to say the least, since both Woodside and Chevron cancelled the LNG export project this line was going to supply natgas to. And the Pacific Trail pipeline passes through Wet’suwet’en territory to boot. Does ENB really expect them to say a-okay after the chit TRP's CGL pipeline has gone through?
Comment by Quintessential1 on Jan 23, 2022 11:35pm
Already a-okayed "Enbridge also inherited benefits agreements with 16 First Nations along the route of the pipeline that formed the First Nations Limited Partnership (FNLP) in support of the project."
Comment by Red_Deer on Jan 24, 2022 4:23am
Actually NOT ""a OKAYED""__as the Heriditary CHIEFS of Wet’suwet’en territory CONTINUE to BE Totally IN OPPOSITION to ANY and ALL Pipelines__EVEN THOUGH they HAVE BEEN Approved by the ELECTED CHIEFS and their members who WANT the JOBS and $$$$$$ It was IN SUPPORT of the Heriditary CHIEFS that ALL the NATIONAL Protests and SHUT DOWN of RailRoads took place the other year ...more  
Comment by Quintessential1 on Jan 26, 2022 8:06am
You and Autofocus  are right about that.  Here I was thinking he had not read enough of the article and It was me who hadn't taken it all in. That sure is a lot of chiefs to appease, I am having trouble finding a map that shows how much territory the Wet'suwet'en actually control.  You wouldn't have a link to one would you?
Comment by silkos on Jan 24, 2022 6:39am
We'll find out in the end how much they paid for this. I think the value is the FNLP support toward the project (especially Wet’suwet’en - who are known for fighting all pipelines). Nothing will come out of it in the near future (5-10y) considering the current political environment and anti pipeline movement but I am sure ENB will make a good buck out of this when time comes.  
Comment by Red_Deer on Jan 23, 2022 8:54pm
Likely the ""Master Plan"" is to use ALL the EXPERIENCE the got Dealing lWith the USA First Nations__to GOOD USE Dealing with the CDN First Nations eh ????
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