Reuters: Regulatory News: UPDATE 1-Enbridge plans to expand Gulf Coast pipelines

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UPDATE 1-Enbridge plans to expand Gulf Coast pipelines Mar 27th 2012, 03:24 Mon Mar 26, 2012 11:24pm EDT March 26 (Reuters) - Enbridge Inc, Canada's No. 2 pipeline company and its largest gas distributor, said it plans to expand the capacity of its U.S. Gulf Coast access projects to address increased demand. The company said its Flanagan South pipeline, which is expected to be in service by mid 2014, will be upsized to a 36-inch diameter line with an initial capacity of 585,000 barrels per day (bpd). The total estimated cost of the Flanagan South pipeline project has now increased to $2.8 billion from $1.9 billion. Separately, the company said Enbridge and its partner, Enterprise Products Partners LP, will twin their jointly owned Seaway Pipeline, adding a capacity of 450,000 bpd to it. Enbridge's share of the cost in the pipeline twin line and extension is expected to be about $1 billion. In February the companies, which were reversing the Seaway pipeline to carry more oil from Oklahoma to Texas asked shippers whether they want the system expanded further.

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