Enbridge Inc. announces a deal with BP PLC for a scaled-back plan to bring oil sands crude to the Texas Gulf Coast, a key market where Canadian producers are attempting to make inroads against Venezuelan, Mexican and Persian Gulf competitors. 

Mr. Wuori was quoted as saying:

We felt it’s really important to get the capacity into the Gulf Coast to ensure Canadian heavy [oil producers] can access that market and get the attractive netbacks.

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