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ENB Enbridge Inc

43.285
0.495 (1.16%)
Last Updated: 17:34:30
Delayed by 15 minutes
Share Name Share Symbol Market Type
Enbridge Inc NYSE:ENB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.495 1.16% 43.285 43.36 42.82 42.88 1,043,721 17:34:30

Vector Pipeline and Guardian Pipeline Announce New Interconnection

01/11/2004 1:01pm

PR Newswire (US)


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Vector Pipeline and Guardian Pipeline Announce New Interconnection LIVONIA, Mich., Nov. 1 /PRNewswire-FirstCall/ -- A new interconnect between Vector Pipeline L.P. and Guardian Pipeline, L.L.C. near Joliet in Will County, Ill., is now available for service. With a design capacity of 100 MMcf/d, the Joliet interconnection is expandable to 400 MMcf/d. "This interconnection offers Vector shippers and storage providers access to Wisconsin markets via Guardian," said Craig R. Fishbeck, Vector president. "Additionally, Vector's shippers will now have access to additional supplies off other pipelines, such as Midwestern Gas Transmission and Natural Gas Pipeline of America, by utilizing Guardian's hub services." "Interconnecting with Vector gives natural gas markets in southern Wisconsin competitive access to alternative storage providers in Michigan and Ontario," said Richard Gielecki, Guardian president. "This interconnect also provides an additional outlet for MGT and NGPL gas via Guardian's competitive hub services." The 42-inch Vector Pipeline transports Western Canadian natural gas from the Chicago market hub in Joliet to the hub at Dawn, Ontario, providing access to markets and storage in the upper Midwest and eastern Canada. Vector Pipeline L.P. is a joint venture between Calgary-based Enbridge Inc. (NYSE/TSE: ENB), with a 60 percent interest, and Detroit-based DTE Energy Company (NYSE:DTE), with a 40 percent interest. Information about Vector is available online at http://www.vector-pipeline.com/ . Information about Enbridge and DTE Energy is available at http://www.enbridge.com/ and http://www.dteenergy.com/, respectively. Guardian Pipeline, L.L.C. is a partnership of three Midwest energy companies: Wisconsin Energy Corporation, headquartered in Milwaukee, Wis.; WPS Resources Corporation, headquartered in Green Bay, Wis.; and Viking Gas Transmission, a subsidiary of Northern Border Partners, L.P., headquartered in Omaha, Neb. Guardian Pipeline provides competitive natural gas transportation service from its hub near Joliet, Ill., to markets in southern Wisconsin. The 142-mile pipeline from Joliet to Ixonia, Wis., has 750,000 Dth/d of capacity, which is 98-percent subscribed. Information about Guardian Pipeline is available at http://www.guardianpipeline.com/ . DATASOURCE: Vector Pipeline L.P. CONTACT: Larry Springer, media contact for Vector, +1-713-821-2253, ; or Ralph Deptolla media contact for Guardian, +1- 262-442-4865, Web site: http://www.enbridgepartners.com/ http://www.enbridge.com/ http://www.vector-pipeline.com/ http://www.dteenergy.com/ http://www.guardianpipeline.com/

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