Enbridge Plans 10% Expansion of Mainline Pipeline by 2027

Enbridge plans to expand part of its Mainline oil pipeline network by 10% within two years. The expansion, which will use chemicals to boost capacity, is scheduled to start in October 2023 and will increase the pipeline's capacity to 837,000 barrels per day from 760,000 barrels per day. The expansion comes at a challenging time for Canadian oil producers seeking to ship more oil to the US, with the potential influx of Venezuelan oil posing competition for Canadian crude on the US Gulf Coast.