Enbridge Acquires 100% Stake in Garden Banks Gas Pipeline

Enbridge's affiliate Enbridge (Offshore) Gas Transmission LLC has acquired the remaining 20% interest in Garden Banks Gas Pipeline, LLC, from an affiliate of Amerada Hess Corporation. The 30-inch diameter Garden Banks pipeline has a capacity of 1 billion cubic feet per day, and transports production originating from the Auger platform in Garden Banks Block 426, the Enchilada platform in Garden Banks Block 128, and the Baldpate platform in Garden Banks Block 260. The pipeline extends 50 miles from Garden Banks Block 128 to South Marsh Island Block 76 in the Gulf of Mexico offshore of Louisiana and interconnects with four interstate pipelines to move natural gas onshore.