Delivering Customer Value in 2006
    2 million barrels per day  
    of crude oil and liquids delivered to customers  
       
    Enbridge operates, in Canada and the United States, the world’s longest crude oil and liquids pipeline system – the combined Enbridge Pipelines and Lakehead systems – that deliver 2 million barrels per day to customers in Canada and the United States Midwest. Current expansion plans will move additional volumes of Canadian petroleum to these markets, as well as new markets in the U.S. East and South and to Asia-Pacific.  
       
       
       
    410 billion cubic feet  
    of natural gas delivered to 1.8 million customers  
       
    Enbridge owns and operates Canada’s largest natural gas distribution company, and delivered 410 billion cubic feet of natural gas to 1.8 million customers in Ontario, Quebec, New Brunswick and New York State in 2006. Enbridge Gas Distribution, based in Toronto, Ontario, is one of the lowest cost natural gas distribution operations in North America, and has provided reliable service for more than 155 years.  
       
       
       
       
    a full slate of liquids  
    pipeline projects  
    For a number of years Enbridge has been pursuing a strategy to broaden access to markets to accommodate growing production from Canada’s oil sands. Enbridge is currently proceeding with over $8 billion of pipeline and terminalling projects to ensure that its customers have access to existing and new markets on a timely basis.  
       
       
    Spearhead start-up  
    On March 2, 2006, the first significant volumes of Western Canadian crude oil were delivered to Cushing, Oklahoma through Enbridge’s Spearhead Pipeline. Broadening the market for Canadian crude oil will enable more U.S. refineries to receive reliable supplies of Canadian crude oil while providing Canadian producers with favourable pricing for their production. The success of Spearhead acted as a ‘catalyst’ as customers moved quickly to support the Southern Access and Alberta Clipper initiatives. With the scale and flexibility inherent in the mainline system, these projects will support the continuing development of a pipeline network capable of serving diverse U.S. refinery markets throughout the U.S. mid-west, mid-continent and U.S. Gulf Coast.  
       
       
    contract terminalling  
    In response to strong demand from customers, Enbridge is expanding its crude oil contract terminalling facilities – at Hardisty, Alberta; Cushing, Oklahoma and numerous other centres along the Liquids Pipelines right-of-way in Canada and the United States. The Company is currently pursuing the potential to add another 30 million barrels of storage to its existing capacity of 16.5 million barrels.  
       
       
    strengthening the gas position  
   

In the Gulf of Mexico Enbridge acquired the West Cameron lateral, and the Neptune and Shenzi projects are scheduled for completion in 2007. Enbridge is well positioned to capture further opportunities in the Gulf. Enbridge Energy Partners has also strengthened its position in key market areas with expansions of its North and East Texas natural gas systems as well as advancing its 700 million cubic feet per day East Texas Clarity Project.

Enbridge Gas Distribution added more than 40,000 customers in 2006. It has also made progress in the development of a high deliverability natural gas storage service at its Tecumseh Gas Storage facility in Southwestern Ontario. A successful open season was conducted in December 2006 and commercial terms are being finalized.