UPDATE 1-Enbridge to further expand Athabasca pipeline capacity

* Expansion to accommodate contractual commitments

* Athabasca to have maximum capacity of about 570,000 bpd

Dec 16 (BestGrowthStock) – Enbridge Inc (ENB.TO: ) said it will
further expand its Athabasca pipeline to its maximum capacity
of about 570,000 barrels per day, to make room for additional
contractual commitments.

Enbridge, whose lines carry the bulk of Canada’s crude
shipments to the United States, said incremental costs for the
expansion is expected to be about $200 million.

It expects to complete the expansion by early 2014.

“The resulting capacity will position us well to meet our
current contractual commitments,” said Stephen Wuori,
president, liquids pipelines.

Enbridge shares were down 17 Canadian cent at C$55.56 on
Thursday morning on the Toronto Stock Exchange.
(Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by
Unnikrishnan Nair)

UPDATE 1-Enbridge to further expand Athabasca pipeline capacity