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| Enbridge, ExxonMobil decide whether to build a new pipeline  Canada's Enbridge Inc. and ExxonMobil Pipeline Company, an affiliate company of Exxon Mobil Corporation, have agreed to jointly assess the commercial development of a new pipeline project to transport crude oil from Patoka, Illinois, to Beaumont, Texas, and onward to Houston. The pipeline project would provide competitive and timely access for U.S. domestic and growing Canadian supplies of crude oil to be transported from the Patoka pipeline transportation hub to the U.S. Gulf Coast.The two companies have been in discussions with potential shippers of Canadian crude about the scope, timing, and value of the project. Shipper interest and input will help guide the development of the project, which is targeted to be in service as soon as the end of 2010. A number of potential transportation solutions are being assessed and the specifics of the proposed project would be based on the final economics and shipper support. write your comments about the article :: © 2007 Construction News :: home page |