Midstream - Pipelines
Enbridge Investing $200MM in Hangingstone Project
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Enbridge Inc. has entered into an agreement to provide pipeline and terminaling services to the proposed Athabasca Oil Corporation (AOC) Hangingstone Oil Sands Project.
The Hangingstone Project will be the ninth oil sands project to be connected to Enbridge's regional system.
Enbridge will construct a new 50-kilometre (31-mile), 16-inch diameter pipeline from the Hangingstone Project to Enbridge's Cheecham Terminal, as well as completing modifications at Cheecham to support the incremental production. The project has an estimated cost of up to approximately $0.2 billion subject to finalization of scope, which will provide an initial capacity of 16,000 barrels per day (bpd) with provisions for expansion to accommodate up to a further 60,000 bpd from Phase 2 which is committed to the…
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