11:54:43 EDT Fri 19 Apr 2024
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Enbridge Inc
Symbol ENB
Shares Issued 1,704,602,546
Close 2018-06-11 C$ 41.90
Market Cap C$ 71,422,846,677
Recent Sedar Documents

Globe/wire say TransCanada gas line ruptures in U.S.

2018-06-11 08:46 ET - In the News

See In the News (C-TRP) TransCanada Corp

The Globe and Mail reports in its Saturday edition that TransCanada said on Friday that it cannot move natural gas until further notice through the section of its Leach Xpress pipeline in West Virginia that ruptured early Thursday. A Reuters dispatch to The Globe says that alternative pipelines to route production around the outage included Energy Transfer Partners LP's Rover, Tallgrass Energy Partners LP's Rockies Express, EQT Midstream Partners LP's Equitrans and Enbridge's Texas Eastern Transmission. The blast that shut the pipe did not cause any injuries and was contained Thursday morning. Columbia Gas Transmission, the TransCanada subsidiary which operates the pipe, declared a force majeure on Thursday and said the damaged section of pipe could affect movement of about 1.3 billion cubic feet a day (bcfd). One billion cubic feet a day is enough gas for five million homes. Despite the pipeline shutdown, overall output in the Marcellus and Utica shale-gas region of Appalachia increased to 27.4 bcfd on Thursday from 27.3 bcfd on Wednesday. The Leach shutdown caused Appalachia prices to trade in opposite directions on Thursday, with TCO up about 11 U.S. cents, while Dominion South dropped about 39 U.S. cents.

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