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Enbridge Acquires 71% Interest in Cabin Gas Plant Development
Dec. 16, 2011 11:30AM PST
Resource Investing News Enbridge Inc. (TSX:ENB,NYSE:ENB) acquired 71.0% interest in Phases 1 and 2 of the Cabin Gas Plant Development.
Enbridge Inc. (TSX:ENB,NYSE:ENB) acquired 71.0% interest in Phases 1 and 2 of the Cabin Gas Plant Development.
As quoted in the press release:
Phase 1 of the development will have 400 Mmcf/d of natural gas processing capacity. The plant is currently under construction and is expected to be in-service in the third quarter 2012. Phase 2 will add an additional 400 Mmcf/d of capacity and has been sanctioned by producers and received regulatory approval.
Click here to read the Enbridge Inc. (TSX:ENB) press release.
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