As the role of LNG exports looms larger, Enbridge Inc. agreed to invest in a potential Canadian project and continue to pair its extensive natural gas networks with terminal projects.

aeco price chart

Calgary-based Enbridge increased its market share of natural gas transportation to cover 20% of the volumes exported from North America. CEO Al Monaco said the company’s focus has traditionally been on pipeline connections but, in the near future, could become more directly involved in “an increasingly exciting story” for the industry.

“The current energy outlook validates our dual-pronged strategy to expand our existing conventional pipeline and export businesses, while ramping up investment in low-carbon opportunities to drive future growth platforms,” Monaco said during the quarterly...