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BRIEF-Enbridge And Enterprise Products To Jointly Develop Deepwater Port

Published 2019-12-09, 07:34 a/m
Updated 2019-12-09, 01:08 p/m
BRIEF-Enbridge And Enterprise Products To Jointly Develop Deepwater Port

Dec 9 (Reuters) - Enbridge Inc ENB.TO :

* ENBRIDGE AND ENTERPRISE PRODUCTS TO JOINTLY DEVELOP DEEPWATER PORT; ENBRIDGE MOVES FORWARD WITH DEVELOPMENT OF NEW HOUSTON-AREA STORAGE TERMINAL

* ENBRIDGE INC - ENBRIDGE AND ENTERPRISE WILL WORK TO FINALIZE AN EQUITY PARTICIPATION AGREEMENT

* ENBRIDGE INC - AGREEMENT WOULD ALLOW ENBRIDGE AN OPTION TO PURCHASE AN OWNERSHIP INTEREST IN ENTERPRISE'S SEA PORT OIL TERMINAL

* ENBRIDGE INC - PARTIES INTEND TO INITIALLY FOCUS COMMERCIAL DEVELOPMENT EFFORTS ON SEEKING CUSTOMER SUPPORT TO FULLY UTILIZE SPOT

* ENBRIDGE INC - ENBRIDGE WILL ADVANCE DEVELOPMENT OF A NEW WHOLLY-OWNED JONES CREEK CRUDE OIL STORAGE TERMINAL

* ENBRIDGE INC - JONES CREEK CRUDE OIL STORAGE TERMINAL WILL HAVE ULTIMATE CAPABILITY OF UP TO 15 MILLION BARRELS OF STORAGE

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