Announced that it has reached a final investment decision on the Mainline Optimization Phase 1 project (MLO1). MLO1 will add capacity to the Company's Mainline network and Flanagan South Pipeline (FSP) to meet customer demand for incremental egress, increasing deliveries of Canadian heavy oil to key refining markets in the U.S. Midwest (PADD II) and Gulf Coast. Enbridge Inc. shares T.ENB are trading down $1.62 at $66.14.
Stocks in play: Enbridge Inc.
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