Non-Regulated Contract Terminals
Enbridge has established a significant presence in contract storage in recent years, largely driven by increasing production of Western Canadian crude oil.
Currently, Enbridge is operating, or has under construction, contract storage at the following locations:
Hardisty, Alberta is the most important crude oil storage hub in Canada. Enbridge operates approximately 3 million barrels of salt cavern storage at Hardisty Caverns, and 7.5 million barrels of above ground storage at Hardisty Contract Terminal, with both facilities well connected, providing customers with the much-needed optionality they require.
Both facilities are currently completely subscribed. Enbridge is continuing to evaluate additional service options and growth opportunities to maximize the value of these facilities for both Enbridge and its customers.
Cushing, Oklahoma is one of the most important crude oil storage hubs in the world and the location of the settlement of the New York Mercantile Exchange West Texas Intermediate (NYMEX WTI) contract. With approximately 18 million barrels of working storage capacity, Enbridge has one of the largest and most well-connected terminals in the Cushing area. Enbridge continues to develop customer-initiated projects, as well as explore organic growth opportunities, to optimize and increase its infrastructure in Cushing.
Houston Oil Terminal
Enbridge is developing a new terminal in the Houston area that will be fully integrated into the Seaway system with access to all delivery points, and could have future connectivity to both SPOT and Texas COLT. The location supports up to 15 million barrels of tankage and is expected to be in service in 2022.
The oil sands have various operational contract tanks throughout the system totaling more than 7 million barrels. Additionally, Enbridge has contract storage locations throughout the North Dakota system, 480,000 barrels of leased storage at Platte Pipeline’s Casper, Wyoming facility, and 400,000 barrels of storage at Patoka, Illinois with a large footprint for future development. Enbridge continues to actively investigate and develop future opportunities to add merchant storage all across our network.
|Location||Storage capacity in operation or under construction (millions of barrels)|