CALGARY, AB and DULUTH, Minn., Nov. 30, 2020 /CNW/ - The Line 3 Replacement Project can now start construction in Minnesota after receiving all necessary permits and approvals. Line 3 is among the three major Canadian export pipelines, along with government-owned Trans Mountain and TC Energy Corp’s Keystone XL oil pipeline. For more information, visit the Toronto and New York stock exchanges under the symbol ENB. The USD2.9 billion US portion of the Line 3 replacement project involves replacing an existing 585 km, 34-inch pipeline with a new 36-inch pipe. Enbridge's forward-looking statements are subject to risks and uncertainties, including, but not limited to those risks and uncertainties discussed in this news release and in the Company's other filings with Canadian and United States securities regulators. Enbridge Line 3 Starts Construction in Minnesota CALGARY, AB and DULUTH, Minn., Nov. CALGARY, AB and DULUTH, Minn., Nov. Forward-looking information or statements in this news release include statements with respect to the Line 3 Replacement Project and expected regulatory and permitting actions and decisions, capital expenditures, construction schedules and anticipated economic benefits. Enbridge's forward-looking statements are subject to risks and uncertainties, including, but not limited to those risks and uncertainties discussed in this news release and in the Company's other filings with Canadian and United States securities regulators. The Line 3 project is expected to create roughly 4,200 construction jobs, about half of which will go to local workers. For more information, visit www.enbridge.com. But Enbridge has signalled that the start could be imminent. Copyright (C) 2020 PR Newswire. The Line 3 replacement may now begin service in mid to late 2021, Stifel FirstEnergy analyst Ian Gillies said. MediaJuli Kellner Toll Free: (888) 992-0997 Email: [email protected], Investment CommunityJonathan Morgan Toll Free: (800) 481-2804Email: [email protected], Cision Distribution 888-776-0942 The Line 3 … The $9 billion … Built in the 1960s, Line 3 is a 1,097-mile crude oil pipeline extending from Edmonton, Alberta to Superior, Wisconsin, and is an integral part of Enbridge's Mainline System. Although Enbridge believes these forward-looking statements are reasonable based on the information available on the date such statements are made and processes used to prepare the information, such statements are not guarantees of future performance and readers are cautioned against placing undue reliance on forward-looking statements. Except to the extent required by applicable law, Enbridge assumes no obligation to publicly update or revise any forward-looking statements made in this news release or otherwise, whether as a result of new information, future events or otherwise. The purpose of the project is to address pipeline integrity and safety concerns related to the existing Line 3 and to restore the throughput of the line to its original operating capacity of 760,000 barrels per day (bpd).Enbridge … The impact of any one risk, uncertainty or factor on a particular forward-looking statement is not determinable with certainty as these are interdependent and Enbridge's future course of action depends on management's assessment of all information available at the relevant time. Final state permits and authorizations are still needed before Line 3 work can begin, Enbridge said, adding it hopes to start … This information may not be appropriate for other purposes. By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements. "This is a … Enbridge Line 3 Starts Construction in Minnesota PRESS RELEASE PR Newswire Nov. 30, 2020, 11:30 PM CALGARY, AB and DULUTH, Minn., Nov. 30, 2020 /CNW/ - The Line 3 Replacement … Copyright © 2020 MarketWatch, Inc. All rights reserved. Enbridge has now revised its in-service date to the second half of 2020. "Safety remains our top priority, and we will be implementing an industry leading COVID management plan to protect our workforce and the communities in which we will be working," added Yu. http://www.prnewswire.com/news-releases/enbridge-line-3-starts-construction-in-minnesota-301181932.html, Ray Dalio says son killed in Connecticut car accident, After four days of early voting, record turnout seen in Georgia runoff Senate elections, What a V- or K-shaped recovery looks like - and what it means for you, Here’s how to get your ‘Cyberpunk 2077’ refund. By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements. No estimated in-service date was given in Enbridge’s last press … "Safety remains our top priority, and we will be implementing an industry leading COVID management plan to protect our workforce and the communities in which we will be working," added Yu. CALGARY, AB and DULUTH, Minn., Nov. 30, 2020 /CNW/ - The Line 3 Replacement Project can now start construction in Minnesota after receiving all necessary permits and approvals. The start date for Enbridge Inc's C$8.2 billion ($6.52 billion) Line 3 pipeline replacement project is uncertain and could be as late as November 2019, the company said on Tuesday. from 8 AM - 9 PM ET, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. News Enbridge representative shares Line 3 project plan information, expected to begin ramp up in December Project could last 18 months and bring 750-1,000 workers into the area. The most relevant assumptions associated with forward-looking statements on announced projects and projects under construction such as the Line 3 Replacement Project, including estimated completion dates and expected capital expenditures, include the following: the COVID-19 pandemic and the duration and impact thereof; the impact of customer, government and regulatory approvals on construction and in-service schedules and cost recovery regimes; the availability and price of labour and construction materials; the effects of inflation and foreign exchange rates on labour and material costs; the effects of interest rates on borrowing costs; and the impact of weather. We safely and reliably deliver the energy people need and want to fuel quality of life. Written … By Mike Hughlett Star Tribune November 12, 2020 — 8:09pm Assumptions regarding the expected supply of and demand for crude oil, natural gas, NGL and renewable energy, and the prices of these commodities, are material to and underlie all forward-looking statements, as they may impact current and future levels of demand for the Company's services. November 23, 2020 CALGARY, AB and DULUTH, Minn, Nov. 23, 2020 /CNW/ - Today the US Army Corps of Engineers announced approvals of federal permits for Enbridge's Line 3 project, … "With all of the permits in hand, we can now start construction.". This information may not be appropriate for other purposes. The MarketWatch News Department was not involved in the creation of this content. Spokeswoman Juli Kellner said Enbridge … The multibillion-dollar Line 3 Replacement Program is the largest project in Enbridge history. You can also contact MarketWatch Customer Service via our Customer Center. The company is working to finalize a new construction schedule and pin-point a more exact start-up date. Enbridge stated that the purpose of the project is to address pipeline integrity and safety concerns related to the existing Line 3 and to restore the throughput of the line … MINNEAPOLIS (AP) — Enbridge Energy began construction on its Line 3 crude oil pipeline replacement in Minnesota on Tuesday, a day after state regulators approved the final permit for the $2.6 billion project amid legal challenges from local activist and Indigenous groups. … Enbridge Energy (Enbridge) is proposing to construct a new oil pipeline in Minnesota to replace its existing Line 3 pipeline. CALGARY, AB and DULUTH, Minn., Nov. 30, 2020 /PRNewswire/ - The Line 3 Replacement Project can now start construction in Minnesota after receiving all necessary permits and approvals. Spokeswoman Juli Kellner said Enbridge … CALGARY, AB and DULUTH, Minn., Nov. 30, 2020 /PRNewswire via COMTEX/ -- The project is poised to provide significant economic benefits for counties, small businesses, Native American communities, and union members – bringing 4,200 family-sustaining, mostly local construction jobs, millions of dollars in local spending and additional tax revenues at a time when Northern Minnesota needs it most. The Company's common shares trade on and stock exchanges under the symbol ENB. What is line 3 Line 3 is a proposed pipeline expansion to bring nearly a million barrels of tar sands per day from Alberta, Canada to Superior, Wisconsin. Line 3 Replacement Program (Canada) - Project Overview - Enbridge Inc. Line 3 Replacement Program (Canada) Construction of the $5.3-billion Canadian portion of the Line 3 Replacement Program is … All rights reserved. All subsequent forward-looking statements, whether written or oral, attributable to Enbridge or persons acting on the Company's behalf, are expressly qualified in their entirety by these cautionary statements. CALGARY, AB and DULUTH, Minn., Nov. 30, 2020 /PRNewswire/ - The Line 3 Replacement Project can now start construction in Minnesota after receiving all necessary permits and approvals. On December 1, Enbridge commenced construction on the Line 3 Replacement Project (the “Project”) in Minnesota, after having satisfied all necessary regulatory and permitting requirements at the state and federal levels. Enbridge Line 3 Starts Construction in Minnesota November 30, 2020 CALGARY, AB and DULUTH, Minn., Nov. 30, 2020 /CNW/ - The Line 3 Replacement Project can now start construction in … Enbridge Inc. is a leading North American energy infrastructure company. The new Line 3 will comprise the newest and most advanced pipeline technology—and provide much needed … Enbridge thanks the thousands of Minnesotans, labor groups, communities, counties, Native Americans and elected officials who have been steadfast in their support of this important pipeline replacement project. Contact the source provider Comtex at editorial@comtex.com. Our core businesses include Liquids Pipelines, which transports approximately 25 percent of the crude oil produced in North America; Gas Transmission and Midstream, which transports approximately 20 percent of the natural gas consumed in the U.S.; and Utilities and Power Operations, which serves approximately 3.7 million retail customers in Ontario and Quebec, and generates approximately 1,750 MW of net renewable power in North America and Europe. In December not be appropriate for other purposes can now start construction. `` we safely and deliver. 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