Enbridge has won a contract worth $475m to provide pipeline and terminal services for the proposed Sunrise Oil Sands Project to be operated by Husky.
Enbridge will build a new originating terminal – the Hartley terminal at the Sunrise Project – a 112km pipeline from Hartley to Enbridge’s Cheecham terminal and additional tankage at Cheecham.
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The project, which has an initial capacity of 90,000bpd, will be expandable to 270,000bpd and facilities are expected to enter service in the latter half of 2013.
Under the agreement Enbridge will also provide pipeline transportation services on its existing Regional Oil Sands System for up to 90,000bpd of diluted bitumen produced from phase 1 of the Sunrise Project.
The initial term of agreement is 20 years and Husky will have the right to extend the agreement in successive five-year terms for a total contract life of 45 years.
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By GlobalData
