Enbridge Launches Open Season for Southern Access Extension

Enbridge Launches Open Season for Southern Access Extension 
CALGARY, ALBERTA -- (Marketwire) -- 12/12/12 -- Enbridge Inc.
(TSX:ENB) (NYSE:ENB) today announced a binding open season ("Open
Season") to solicit commitments from shippers for capacity on the
proposed Southern Access Extension pipeline, to be constructed,
owned, and operated by U.S. subsidiary Enbridge Pipelines (Illinois)
L.L.C. (the "Carrier"). The new pipeline will transport crude oil
from Pontiac, Illinois, at Enbridge's Flanagan Terminal, where it
will receive crude oil from Enbridge Energy Partners, L.P.'s ("the
Partnership") Lakehead System, to Patoka, Illinois.  
The 165-mile (265-kilometer), 24-inch diameter pipeline will be
constructed as a stand-alone project with an anticipated in service
date of early 2015. The diameter of the pipeline could be increased,
depending on the results of the Open Season. Committed shippers will
be asked to commit to capacity only on the Southern Access Extension
proposed pipeline and will not be required to make long-term
commitments to ship on the Partnership's Lakehead System.  
Enbridge has received sufficient capacity commitments from an anchor
shipper to support the 24-inch pipeline as proposed. This Open Season
provides an opportunity for additional shippers to support the
Southern Access Extension by making volume commitments for the
required term.  
Shippers will have the option of selecting a ten or fifteen-year term
as well as one of three available commencement dates for service.
Subject to regulatory approval by the Federal Energy Regulatory
Commission (FERC), committed volumes will not be subject to
pro-rationing to accommodate uncommitted volumes under ordinary
operating conditions. The Carrier will share in construction cost
overruns with committed shippers, which will provide an incentive to
the Carrier to minimize capital costs, thereby lowering the tariff
rates.  
Open Season Process 
The binding open commitment period will begin at 3 p.m. MT on
December 12, 2012, and will end at 3 p.m. MT on January 18, 2013.  
Bona fide potential shippers that wish to receive access to the Open
Season documents, including the Transportation Services Agreement,
are required to execute a Confidentiality Agreement. No edits or
amendments to the Confidentiality Agreement will be accepted. 
More information about the Southern Access Extension project and the
binding open season is available at
http://southernaccessextension.enbridgeus.com or by contacting: 


 
Morgan Keith                       Sheldon Bueckert                         
Enbridge Inc.                      Enbridge Inc.                            
(403) 508-3198                     (403) 231-5904                           
morgan.keith@enbridge.com          sheldon.bueckert@enbridge.com            

 
Please note: There will be limited availability of Enbridge shipper
contacts during the period of December 22 to 29, 2012. 
About Enbridge Inc. 
Enbridge Inc. is a North American leader in delivering energy and one
of the Global 100 Most Sustainable Corporations. As a transporter of
energy, Enbridge operates, in Canada and the U.S., the world's
longest crude oil and liquids transportation system. The Company also
has a significant and growing involvement in natural gas gathering,
transmission and midstream businesses, and an increasing involvement
in power transmission. As a distributor of energy, Enbridge owns and
operates Canada's largest natural gas distribution company, and
provides distribution services in Ontario, Quebec, New Brunswick and
New York State. As a generator of energy, Enbridge has interests in
close to 1,000 megawatts of renewable and alternative energy
generating capacity and is expanding its interests in wind and solar
energy, geothermal and hybrid fuel cells. Enbridge employs more than
10,000 people, primarily in Canada and the U.S. and is ranked as one
of Canada's Greenest Employers and one of Canada's Top 100 Employers
for 2013. Enbridge is included on the 2012/2013 Dow Jones
Sustainability World Index and the Dow Jones Sustainability North
America Index and is also a constituent of the 2012/2013 FTSE4Good
Index Series. Enbridge's common shares trade on the Toronto and New
York stock exchanges under the symbol ENB. For more information,
visit www.enbridge.com.  
Certain information provided in this news release constitutes
forward-looking statements. The words "anticipate", "expect",
"project", "estimate", "forecast" and similar expressions are
intended to identify such forward-looking statements. Although
Enbridge believes that these statements are based on information and
assumptions which are current, reasonable and complete, these
statements are necessarily subject to a variety of risks and
uncertainties pertaining to operating performance, regulatory
parameters, weather, economic conditions and commodity prices. You
can find a discussion of those risks and uncertainties in our
Canadian securities filings and American SEC filings. While Enbridge
makes these forward-looking statements in good faith, should one or
more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary
significantly from those expected. Except as may be required by
applicable securities laws, Enbridge assumes no obligation to
publicly update or revise any forward-looking statements made herein
or otherwise, whether as a result of new information, future events
or otherwise.
Contacts:
Enbridge Inc.
Larry Springer
Media
(713) 821-2253 or Toll Free: (877) 496-8142
larry.springer@enbridge.com 
Enbridge Inc.
Jody Balko
Investment Community
(403) 231-5720
jody.balko@enbridge.com
www.enbridge.com
 
 
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