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Enbridge Reports Strong Second Quarter 2021 Financial Results and Advances Strategic Priorities

Enbridge Reports Strong Second Quarter 2021 Financial Results and Advances Strategic Priorities
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Oil, Gas, And Fracking News Read 16May 2021

Oil, Gas, And Fracking News Read 16May 2021
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Enbridge Sees 'Renewed Interest' in U.S. Gulf Crude, LNG Exports as Pandemic Fears Fade

Enbridge Sees ‘Renewed Interest’ in U.S. Gulf Crude, LNG Exports as Pandemic Fears Fade
Canadian pipeline giant Enbridge Inc. said Friday it was seeing an uptick in interest for crude and liquefied natural gas (LNG) exports from the U.S. Gulf Coast amid an anticipated global economic recovery from the Covid-19 pandemic.
“Our solid regional footprint and premier North American integrated pipeline networks are ideally positioned to capitalize on these opportunities and we continue to advance several export pipeline and crude oil terminal opportunities,” President Al Monaco said in the Calgary firm’s first quarter earnings report.
Enbridge is developing the Cameron Extension Project to transport feed gas to Venture Global LNG Inc.’s under-construction Calcasieu Pass LNG terminal in Louisiana. It also plans to build a feed gas pipeline to the NextDecade Inc.’s proposed Rio Grande export site in South Texas. ....

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