Enbridge gets OK for $176.6M pipeline

Dec 23, 2011 | 02:26 PM | Michael Cowden

Tags  Enbridge, Bakken, pipeline, oil, NEB, shale, line pipe, drilling rig count

TORONTO — Enbridge Inc. has received approval to build a Canadian $180.1-million ($176.6-million) oil pipeline system to serve the Bakken Shale, according to Canadian regulators.

The Calgary, Alberta-based energy transmission firm plans to build the 76.7-mile pipeline and a new pump station to move crude oil from the Bakken and Three Forks formations in Montana and North Dakota to refinery markets, according to Canada’s National Energy Board (NEB).....

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