Enbridge Operations and Financial Update
Liquids Pipelines: Export Growth Outlook
Growing Permian
Supply & Exports1
(mmbpd)
~+2 mmbpd
7
Permian Supply
6
LO
~+2 mmbpd
5
4
3
2
1
0
2020
2022
2024
2026
2028
2030
USGC Crude Exports
>70 billion barrels of recoverable,
low-cost Permian reserves²
⚫ Basin underpinned by large,
well-capitalized producers
Most Competitive
Export Facility³
Loading Cost ($/bbl)
ENB A B C D E F
.
Lowest basin-to-water costs
⚫ VLCC loading rates & outer-
harbor location ensure fastest
turnaround times
EENBRIDGE®
Embedded Organic Growth
Opportunities
Loading
Capacity
Storage
Low
Carbon
•
•
•
Contract 600+ kbbls/d of
existing capacity
Permitted for further
expansion of 300 kbbls/d
~5.5 mmbbls of permitted
expansion potential
Up to 60 MW of co-located
solar facilities
Ideally located for hydrogen,
ammonia & CCUS
>$1B of follow-on capital efficient
organic growth opportunities
• Terminal and location suitable for
low carbon fuel and CCUS
Embedded organic growth drives further cash flow expansion and value creation
(1) Source: IHS Markit. The use of this content was authorized in advance. Any further use or redistribution of this content is strictly prohibited without written permission by IHS Markit. (2) Based on most recently completed geology-based assessments
of undiscovered, technically recoverable reserves performed by the United States Geological Survey (3) Third party data and management estimates. Cost stack based on the assumption of loading VLCC freight post Port of Corpus Christi dredging.
12View entire presentation