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Enbridge Inc. and Enbridge Energy Partners will be withdrawing regulatory applications pending with the Minnesota Public Utilities Commission for the Sandpiper Pipeline Project.
This is the second time Enbridge has delayed the project - the first deferral was announced in September 2014.
Click here to access the project in Shale Experts' Midstream Database
EEP has completed a review of Sandpiper and concluded that the project should be delayed until such time as crude oil production in North Dakota recovers sufficiently to support development of new pipeline capacity. Based on updated projections, EEP believes that new pipeline capacity will not likely be needed until beyond the Company's five-year planning horizon.
Related Companies
Enbridge Inc. - NYSE
Enbridge Energy Partners Lp - NYSE
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- Enbridge Delaying Bakken Sandpiper Pipeline Again 09/09/16
- Marathon Joins Enterprise To Build Dakota Access Pipeline 08/04/16
- Enbridge to Pay $177MM in Pipeline Spill Settlement Deal 07/20/16
