The Conversation (0)
Nov. 16, 2011 01:20PM PST
Enbridge Inc. (TSX:ENB,NYSE:ENB) and Enterprise Products Partners L.P. (NYSE:EPD) have agreed to alter the direction of crude oil flows on the Seaway pipeline so that oil can be transported Cushing, Oklahoma to the U.S. Gulf Coast.
Enbridge Inc. (TSX:ENB,NYSE:ENB) and Enterprise Products Partners L.P. (NYSE:EPD) have agreed to alter the direction of crude oil flows on the Seaway pipeline so that oil can be transported Cushing, Oklahoma to the U.S. Gulf Coast.
As quoted in the press release:
After reversing the direction that crude oil flows on the 500-mile (805-kilometer), 30-inch diameter, long-haul pipeline, Seaway will deliver crude from Cushing into the Houston-area market by utilizing existing affiliate and third-party pipelines as well as its Texas City local pipeline system.
Click here to read the Enbridge Inc. (TSX:ENB) press release
