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Enbridge aims to expand Gray Oak oil pipeline capacity by 120,000 bpd
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Enbridge aims to expand Gray Oak oil pipeline capacity by 120,000 bpd
Mar 19, 2024 9:38 AM

March 19 (Reuters) - Energy pipeline operation Enbridge ( ENB )

plans to expand capacity on its Gray Oak oil pipeline

by 80,000 barrels per day (bpd) this year, an executive told

Reuters on Tuesday.

An additional 40,000 bpd expansion could come online in 2025

after the company decides on its capital expenditure plans, said

Colin Gruending, an executive vice president at Calgary-based

Enbridge ( ENB ).

The company had originally announced plans for a 200,000

expansion on the Texas pipeline, but said in February revised

its expansion target to between 100,000 bpd and 200,000 bpd.

The pipeline runs between the Permian basin in West Texas

and the top U.S. oil export hub Corpus Christi, on the Texas

Gulf Coast.

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