Oct 3 (Reuters) – Enbridge said on Thursday it would build and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida oil hub, operated by BP.
The pipelines are expected to be operational by 2029 and would cost $700 million, the Canadian firm said.
The crude oil pipeline would be called the Canyon Oil Pipeline System, with a capacity of 200,000 barrels per day (bpd).
The natural gas pipeline would be named Canyon Gathering System with a capacity of 125 million cubic feet per day and would connect subsea to Enbridge’s offshore existing Magnolia Gas Gathering Pipeline.
BP’s U.S. Gulf of Mexico output averaged 300,000 barrels of oil and gas per day in 2023. The company said last year it was targeting 400,000 bpd by 2030
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