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U.S. energy company Glenfarne Group LLC on Tuesday said Enbridge Inc has agreed to expand the Canadian energy firms Valley Crossing natural gas pipeline to deliver fuel to the Texas LNG export plant Glenfarne is developing in Brownsville. Under the agreement, Enbridge will add a 10-mile (16.1 kilometer) lateral to the Valley Crossing pipe in Texas to deliver about 0.72 billion cubic feet per day (bcfd) of gas to Texas LNG for at least 20 years.
Enbridge (ENB) closed at $41.66 in the latest trading session, marking a -0.22% move from the prior day.