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Enbridge oil cleanup totals $39M

Keywords: Tags  Enbridge Inc., oil spill, fine, Canada, remediation, Athabasca pipeline, Thorsten Schier

NEW YORK — Enbridge Inc. expects a recent oil spill of 750 barrels of light synthetic crude oil from its Athabasca pipeline in Canada to cost the company about Canadian $40 million ($38.8 million) in remediation and long-term stabilization costs.

"Line 37 returned to service following the release of light synthetic crude oil in June 2013 caused by one in 100-year water levels," the Calgary, Alberta-based energy company said in its second-quarter earnings statement.

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