In 2010, we put into service—on budget and ahead of schedule—the $3.5 billion Alberta Clipper Project, which represents the largest mainline expansion in Enbridge’s history, and the unique $2.3 billion Southern Lights pipeline from Chicago to Edmonton that is the first to deliver diluent to western Canada.
In the Athabasca region we have secured six new projects that are valued at $2.6 billion and are expected to go into service between 2011 and 2014. These include the expansion of the Company’s Athabasca Pipelines, expansion of our Waupisoo Pipeline, three new pipelines—Woodland, Wood Buffalo, and Norealis—and expansion of Enbridge’s Edmonton terminal facilities. Enbridge’s Regional Oil Sands System, which currently connects five producing oil sands projects, will connect eight producing projects by 2014. We continue to hear encouraging announcements of growth and investment in the oil sands, and Enbridge is very well positioned to provide a wide range of flexible and cost effective transportation solutions to existing and new shippers.
Also in 2010, Enbridge Income Fund and Enbridge Energy Partners, L.P. completed expansions of their Saskatchewan and North Dakota systems, respectively. Additionally, they announced a new $560 million Bakken Expansion Program that will increase capacity out of the region by another 145,000 barrels per day starting in early 2013.
In May 2010, we reached a major milestone when we filed our regulatory application with the National Energy Board for the $5.5 billion Enbridge Northern Gateway Pipeline Project, a proposed twin pipeline system running between Edmonton, Alberta to a new marine terminal in Kitimat, British Columbia to export crude oil and import condensate. We have strong commercial support for Northern Gateway, with a consortium of Canadian producers and Southeast Asian refiners acting as our funding partners as we move through the regulatory process. We are also offering Aboriginal communities along the pipeline route up to 10% of the equity in the project. The project will bring long-term economic and social benefits to not only northern British Columbia and Alberta, but also all of Canada.