Slide 1: Investment in Woodfibre LNG Project & Related Infrastructure
Investment in Woodfibre LNG Project & Related Infrastructure
Slide 2: Legal Notice
Legal Notice Forward Looking Information This presentation includes certain forward-looking statements and information (FLI) to provide potential investors and shareholders of Enbridge Inc. (Enbridge or the Company) with information about Enbridge and its subsidiaries and affiliates, including manag
Slide 3: Woodfibre LNG Investment
Woodfibre LNG Investment T-North N-2 N-3 Investment Overview2 Strategic Fit BC N-4 N-5 Fort Taylor • 30% preferred equity interest Direct connection to STATION 2 CS-2B St.John pipeline assets McLeod Lake CS-3 Chetwynd Dawson Creek • Pro-rata capital contributions Squamish Summit Montney during const
Slide 4: Ownership Structure
Ownership Structure T-North Existing Enbridge Pipelines Enbridge Compressor Station Fort Taylor Fortis Pipeline STATION 2 St.John CS-2B Chetwynd McLeod Lake Dawson CS-3 Creek • Operator Montney Summit Lake Basin • Supply sourced from 100% Prince George CS-4A owned Pacific Canbriam CS-4B Pacific Canb
Slide 5: Woodfibre LNG Project Overview
Woodfibre LNG Project Overview Indigenous Engagement Overview: Extensive, meaningful consultation Liquefaction Plant with Indigenous peoples • 2.1 mtpa production Unique and innovative relationship capacity with the Squamish Nation • 250,000m3 of floating The Squamish Nation has provided stora
Slide 6: Woodfibre LNG Fundamentals
Woodfibre LNG Fundamentals Growing Asian LNG Demand1 Advantaged Shipping Costs2 LNG Export Breakevens3 MMtpa Delivered to Asia Breakevens ($/mmbtu) 570 Estimated 600 500 ~50% ~5-6 weeks cost range reduction in shipping 400 emissions ~4 weeks 300 255 ~2 weeks 200 100 0 2020 2050 West Coast USGC via U
Slide 7: Woodfibre LNG Execution Plan
Woodfibre LNG Execution Plan Construction Overview Execution Timeline • Modular plant construction • Squamish EA2 Certificate Pre- • Federal EA approval • Lump sum turn-key received 2022 • Provincial EA certificate EPC contract approved • Key Squamish Nation, • Issued notice to proceed Federal & Pro
Slide 8: Construction and Operations
Construction and Operations Construct with Prefabricated Modules Proven Liquefaction Technology Rendering of the proposed Liquefaction Plant • Modules constructed in China and transported to site • Will use Air Products and Chemicals, Incorporated • McDermott is experienced with modular construction
Slide 9: Contact Information
Contact Information Rebecca Morley Jesse Semko Vice President, Investor Relations Communications & Media Relations Strategist Capital Markets 1-800-481-2804 1-888-992-0997 Investor.Relations@enbridge.com Media@enbridge.com