Press release from Marketwire
Enbridge Restarts Wood Buffalo Pipeline
Tuesday, July 02, 2013
Enbridge Restarts Wood Buffalo Pipeline09:00 EDT Tuesday, July 02, 2013
CALGARY, ALBERTA--(Marketwired - July 2, 2013) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) today confirmed the return to service of the Wood Buffalo Pipeline (Line 75) between Fort McMurray and Cheecham early on July 2. The Wood Buffalo Pipeline had been shut down as a precaution following the June 22 release of light synthetic crude oil from Line 37 with which it shares a corridor. The failure of Line 37 was confirmed to have been caused by a 1-in-100 year rainfall event last week, which triggered ground movement on the right-of-way. The Wood Buffalo Pipeline has been restarted at reduced pressure pending completion of further geotechnical analysis in the incident area.
The Woodland Pipeline (Line 49) in the same corridor between Fort McMurray and Cheecham has been in the process of line fill upstream from the site of the incident. Line fill activities continue in preparation for full start up.
As announced July 1, the northern segment of the Athabasca Pipeline is now operating at reduced pressure from Fort McMurray to Cheecham, and normal pressure on the southern segment from Cheecham to Hardisty. The Wood Buffalo Pipeline connects at Cheecham with the Waupisoo Pipeline (Line 18), which runs from Cheecham to Edmonton; the Waupisoo Pipeline was returned to service at normal pressure on June 25.
About Enbridge Inc.
Enbridge Inc., a Canadian company, is a North American leader in delivering energy and one of the Global 100 Most Sustainable Corporations. As a transporter of energy, Enbridge operates, in Canada and the U.S., the world's longest crude oil and liquids transportation system. The Company also has a significant and growing involvement in natural gas gathering, transmission and midstream businesses, and an increasing involvement in power transmission. As a distributor of energy, Enbridge owns and operates Canada's largest natural gas distribution company, and provides distribution services in Ontario, Quebec, New Brunswick and New York State. As a generator of energy, Enbridge has interests in more than 1,600 megawatts of renewable and alternative energy generating capacity and is expanding its interests in wind and solar energy and geothermal. Enbridge employs approximately10,000 people, primarily in Canada and the U.S. and is ranked as one of Canada's Greenest Employers, and one of the Top 100 Companies to Work for in Canada. Enbridge's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com.
Certain information provided in this news release constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast" and similar expressions are intended to identify such forward-looking statements. Although Enbridge believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of risks and uncertainties pertaining to operating performance, regulatory parameters, weather, economic conditions and commodity prices. You can find a discussion of those risks and uncertainties in our Canadian securities filings and American SEC filings. While Enbridge makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Except as may be required by applicable securities laws, Enbridge assumes no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.
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