ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 9.May.2025) — Enbridge Inc. president and CEO Greg Ebel said North America is in a “unique position to strengthen its economy and raise the standard of living and create jobs.” This, as the Canadian company moves forward projects from Mainline, Flanagan South to Matterhorn Express Pipeline.
“We look forward to working with the newly elected Canadian government to grow the conventional and unconventional energy sector, diversify the country’s export markets and improve competitiveness, permitting timelines and prosperity,” Ebel said in the company’s first-quarter 2025 (1Q:25) financial press release.
“In the United States, we continue engaging with policy makers and regulators to advocate for new energy infrastructure that will support domestic needs in the United States, the powerful energy partnership between Canada and the US, and energy demand globally through growing exports,” Ebel said.
Update: liquids, gas transmission and distribution projects
Mainline Capital Investment
On 4 Mar. 2025, Enbridge revealed plans to invest up to $2bn in the Mainline through 2028. Investments will be focused on further enhancing reliability and extending useful life of the Mainline so that it continues to operate safely and at full capacity to meet strong demand for years to come.
These Mainline investments are expected to earn attractive risk-adjusted returns within the Mainline Tolling Settlement and to enter service ratably through 2028.
Flanagan South Open Season
Enbridge launched a binding open season for long-term contracted service on Flanagan South Pipeline for 100,000 barrel per day (b/d) of incremental capacity. The contracted capacity will be available under an International Joint Tariff, with receipts in Western Canada and delivery points to the US Gulf Coast via the Mainline, FSP, and Seaway pipelines.
The open season is being advanced in coordination with Mainline Optimization (Phase 1) discussions and, together with 50,000 b/d of existing un-contracted FSP capacity, will offer 150,000 b/d of full-path capacity to serve destinations across the US Gulf Coast for WCSB production growth.
Matterhorn Express Pipeline
Enbridge has signed a definitive agreement to acquire a 10% non-operating equity interest in the operating Matterhorn Express natural gas pipeline for $0.3bn of cash consideration. MXP is a leading natural gas infrastructure asset providing 2.5 billion cubic feet per day (Bcf/d) of Permian egress to the Katy area in the US Gulf Coast region. Matterhorn benefits from growing liquefied natural gas (LNG) and Gulf Coast demand and is fully contracted under long-term agreements with predominantly investment grade counterparties. The acquisition is strategically aligned with Enbridge’s existing Permian assets.
The transaction is expected to close in the 2Q:25, subject to satisfaction of closing conditions.
Traverse Pipeline
On 3 Apr. 2025, Whitewater, MPLX, and Enbridge, through the Whistler Parent JV, reached a final investment decision (FID) to move forward with the Traverse Pipeline. The pipeline is a joint venture (JV) owned by the Whistler Parent JV (70% WI), Targa (17.5% WI), and MPLX (12.5% WI). This pipeline is designed to transport up to 1.8 Bcf/d of gas between Agua Dulce and the Katy area in Texas. Enbridge’s effective interest in Traverse Pipeline will be 13.3%.
The pipeline is backed by firm transportation agreements with investment grade counterparties and is expected to enter service in 2027 pending the receipt of customary regulatory and other approvals.
Birch Grove Expansion
On 4 Mar. 2025, Enbridge said it would proceed with a 179 million cubic feet per day (MMcf/d) expansion of its BC Pipeline in northern British Columbia. The Birch Grove project includes pipeline looping and ancillary station modifications, within existing rights-of-ways, which are expected to be complete in 2028. Including the previously announced Aspen Point expansion, the Birch Grove project is expected to increase the total capacity of the T-North section of the BC Pipeline to ~3.7 Bcf/d.
The project is underpinned by a cost-of-service commercial model and is expected to cost $0.4bn.
T-15 Phase 2
On 4 Mar. 2025, Enbridge sanctioned $0.1bn to expand the scope of T15 to install additional compression and double the capacity of the original project. The expanded T15 project is expected to deliver approximately 510 MMcf/d of natural gas to Duke Energy‘s Roxboro plant in North Carolina. Both phases of T15 are expected to cost an aggregate $0.7bn and enter service in 2027/2028.
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By Chad Archey reporting from Atlanta. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.
