Enbridge expands US crude network with US$2.55bn Tallgrass deal
Enbridge to acquire 75% of Pony Express Pipeline in US$2.55bn Tallgrass crude oil deal Canadian energy infrastructure company Enbridge has agreed to acquire Tallgrass Energy’s crude oil transportation business for US$2.55 billion, expanding its pipeline and storage footprint across key US producing regions. The transaction will give Enbridge a 75% interest in the Pony Express Pipeline, a 1,050-mile crude oil system with capacity of about 460,000 barrels per day (bpd), linking oil production in the
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