BISMARCK (AP) - Enbridge Corp. says it will proceed with a $6.2 billion program to increase pipeline capacity to open North Dakota and western Canada light oil production to expanded markets.
The company says its Light Oil Market Access Program will provide access from the Enbridge system to refinery markets in Ontario, Quebec, and the U.S. Midwest for an additional 400,000 barrels per day.
The project involves increasing pipeline capacity on Enbridge's North Dakota regional system, expanding capacity on the U.S. mainline system and enhancing Canadian mainline terminal capability.
Enbridge says production from the Bakken formation centered in North Dakota has grown from 200,000 barrels per day to 700,000 barrels per day in the last five years, with potential to expand to 1.2 million barrels per day in the next five years.