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Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 843,997,451
Close 2014-07-18 C$ 52.50
Market Cap C$ 44,309,866,178
Recent Sedar Documents

FP/wire say Enbridge rival seeks NEB intervention

2014-07-21 06:42 ET - In the News

The Financial Post reports in its Saturday, July 19, edition that Enbridge pipeline rival Kinder Morgan Energy Partners LP is asking Canadian regulators to intervene to allow it to study land in Burnaby, B.C., where it faces opposition to its expansion of the Trans Mountain oil pipeline. A Bloomberg dispatch to The Globe reports that Kinder Morgan Canada president Ian Anderson said on Friday, "I want to cooperate in establishing a path forward with communities" along the route. He said, "In the case of Burnaby, virtually all communication has been terminated by them and we have not had the opportunity to work through some of the issues and concerns." The City of Burnaby has blocked Kinder Morgan from studying lands it would cross for the expansion, saying it must provide more information about the risk of spills and public safety. Houston-based Kinder Morgan will ask the National Energy Board to intervene on its behalf at the same time as it requests access again from the city. Kinder Morgan wants to almost triple Trans Mountain's capacity to 890,000 barrels a day. The system, in operation since 1953, is the only existing crude oil pipeline connecting Alberta's surging oil sands region to the Pacific Coast.

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