Canada's Enbridge Moves in On Permian Gas Infrastructure

March 21, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Canadian pipeline company Enbridge (NYSE:ENB) (Calgary) said it was looking to tap into the U.S. Gulf Coast market by developing and operating natural gas pipelines tied to the Permian Basin.

Capitalizing on the boom in the liquefied natural gas (LNG) sector, Enbridge said it has an agreement with WhiteWater/I Squared Capital to develop a joint venture focused on midstream opportunities that could connect the Permian to LNG export hubs.