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Enbridge lands new oil sands contract

CALGARY, Alberta, Sept. 8 (UPI) -- Canadian pipeline company Enbridge announced it won a multimillion-dollar contract from Husky Oil to build a new pipeline for Alberta oil sands.

Canadian energy company Husky Oil awarded Enbridge with a contract to build a 66-mile pipeline from British Columbia to its terminals near Fort McMurray in Alberta.

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Enbridge said the project was valued at around $450 million and would carry roughly 90,000 barrels of oil per day at its initial capacity.

"This new project brings expansions and extensions of Enbridge's regional oil sands system announced in the last year to a total of approximately $2.3 billion," said Patrick Daniel, the president and chief executive officer of Enbridge, in a statement announcing the deal.

Enbridge is under fire for a rupture at Line 6B of its Lakehead oil pipeline system. The break in July spilled roughly 20,000 barrels of oil into the water of southern Michigan.

The company, however, has signed contracts valued at nearly $2 billion on pipeline projects over the past two months.

The Husky project is expected to go on stream in 2013.

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