Enterprise crude pipeline expansion to be delayed to year-end [Reuters]
Enbridge Inc (ENB)
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Source: Reuters
Enterprise crude pipeline expansion to be delayed to year-end | Reuters 2 Min Read (Reuters) - Enterprise Products Partners LP’s Seaway crude pipeline will not achieve a targeted increase in capacity to 950,000 barrels per day because of issues unrelated to the expansion, the company said on Tuesday. Enterprise and its joint venture partner, Canadian pipeline operator Enbridge Inc, originally expected to begin taking an additional 100,000 bpd in September. In recent days, it began adding a friction-reducing agent to increase the potential capacity of the 760-mile (1223 km) pipeline. However, the September target date has been delayed due to what was described as third-party issues unrelated to the capacity expansion, Enterprise spokesman Rick Rainey said. He declined to provide further details. The crude production surge in the Permian basin of West Texas and New Mexico, the biggest oilpatch in the United States, has outpaced the region’s pipeline capacity, causing bottlenecks and dep
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