Enbridge to Develop $1.4 Billion Norlite Diluent Pipeline

Enbridge to Develop $1.4 Billion Norlite Diluent Pipeline 
CALGARY, ALBERTA -- (Marketwired) -- 10/30/13 -- Enbridge Inc.
(TSX:ENB) (NYSE:ENB) today announced that it will develop a new
industry diluent pipeline with associated capital of up to $1.4
billion, depending on scope, to meet the needs of multiple producers
in the Athabasca oil sands region. The base 16-inch diameter scope
for the project will be anchored by throughput commitments from the
Fort Hills Partners (Suncor Energy Inc., Total E&P Canada Ltd. and
Teck Resources Limited) for volumes for the proposed Fort Hills oil
sands project and by Suncor Energy Oil Sands Limited Partnership
(Suncor) for its proprietary oil sands production. The Norlite
Pipeline remains subject to Suncor board approval, as well as
customary regulatory approvals. 
Enbridge anticipates securing additional long term commitments to the
Norlite Pipeline in the near term which could result in an increase
in scope to a 24-inch / 20-inch system. This Norlite system would be
capable of transporting 270,000 barrels per day of diluent from
Edmonton into the oil sands region and has the potential to be
further expanded with the addition of pump stations to an ultimate
capacity of over 400,000 barrels per day.  
The pipeline will be constructed to Enbridge's Cheecham Terminal with
an extension to Suncor's East Tank Farm, which is adjacent to
Enbridge's Athabasca Terminal, and a potential lateral line to a new
Enbridge Norealis Terminal to serve the needs of shippers in the
production area Northeast of Fort McMurray. The targeted in-service
date is the second quarter of 2017. The Norlite system may access
certain existing capacity on Keyera's pipelines between Edmonton and
Stonefell, thus avoiding the need to build new pipe in that corridor.
In exchange for Enbridge's right to access capacity on the existing
Keyera pipelines, Keyera may elect to participate in the new pipeline
infrastructure as a 30 per cent non-operating owner. 
"The Norlite Pipeline represents Enbridge's entry into the oil sands
regional diluent pipeline business and will extend the pathway that
was first created with the Southern Lights diluent pipeline into
Edmonton," said Stephen J. Wuori, President, Liquids Pipelines and
Major Projects. "With the Fort Hills Partners and Suncor anchoring
the base volumes on the line and Enbridge's ability to upsize the
pipeline, we are able to offer significant incremental capacity to
efficiently supply the fast-growing demand for additional diluent in
the oil sands region. Norlite will expand our service offerings in
the Athabasca region where Enbridge can now provide diluent
transportation service into the region to augment our already strong
position in the transportation of diluted bitumen." 
The initial term of the anchor transportation agreement is 25 years,
with the Fort Hills Partners and Suncor having the right to extend
the agreement for successive five-year terms. With this project and
previously announced projects, Enbridge currently has a total of
approximately $7 billion of commercially secured expansions of or
additions to its Regional Oil Sands System which will go into service
between 2014 and 2017. 
Enbridge is committed to timely and meaningful dialogue with all
stakeholders, including shareholders, customers, Aboriginal and
Native American communities, governments, regulators, landowners, and
employees among others, regarding all of our projects, operations and
activities. Enbridge will ensure this project is conducted in an
environmentally responsible manner with a focus on the safety of our
employees and the community. 
About Enbridge Inc. 
Enbridge Inc., a Canadian Company, is a North American leader in
delivering energy and has been included on the Global 100 Most
Sustainable Corporations in the World ranking for the past five
years. 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 1,700 megawatts of renewable and
alternative energy generating capacity and is expanding its interests
in wind and solar energy and geothermal. 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'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. - Media
Graham White
(403) 508-6563/(888) 992-0997
graham.white@enbridge.com 
Enbridge Inc. - Investment Community
Jody Balko
(403) 231-5720
jody.balko@enbridge.com
www.enbridge.com