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Enbridge Inc T.ENB

Alternate Symbol(s):  T.ENB.PR.D | ENBFF | ENB | T.ENB.PR.F | ENBGF | T.ENB.PF.A | T.ENB.PR.G | ENBHF | ENNPF | T.ENB.PF.C | T.ENB.PR.H | EBRGF | T.ENB.PF.E | T.ENB.PR.I | ENBMF | T.ENB.PF.G | T.ENB.PR.J | ENBNF | EBRZF | T.ENB.PF.K | EBBGF | T.ENB.PR.N | EBGEF | ENBOF | T.ENB.PF.U | EBBNF | T.ENB.PR.P | T.ENB.PF.V | T.ENB.PR.T | ENBRF | T.ENB.PR.A | T.ENB.PR.V | T.ENB.PR.B | T.ENB.PR.Y

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


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Post by splitbolt1on May 05, 2021 7:19pm
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Post# 33137643

RESPONSIBLE PIPELINE OPERATOR ?

RESPONSIBLE PIPELINE OPERATOR ?

“We will not stop operating the pipeline unless we are ordered by a court or our regulator to do so, which we view as highly unlikely,” Kenyon said.

Enbridge is currently in mediation with Michigan over the issue, but lawyers in the U.S. do not expect a negotiated solution to the problem.

“That judge orders mediation in every case — always,” said Margrethe Kearney, Grand Rapids, Michigan-based senior attorney at the Environmental Law and Policy Centre, adding that the likelihood of an agreement is lower than if Enbridge and Michigan had embarked on mediation on their own initiative.

Kearney’s group is opposed to Line 5 and the replacement project and she argues that there are exceptions in the 1977 treaty that would allow Michigan to demand the pipeline cease operations.

Article 4 of the treaty also notes that the transit pipeline will be subject to regulations by the “appropriate governmental authorities,” including on pipeline safety, technical pipeline construction and operation standards and environmental protection. Kearney said she questions whether the treaty applies to Line 5 in this situation.

In addition, she said Enbridge’s plan to continue operating the pipeline despite the state government’s order to shut the line down will hurt the company’s ability to argue that it is a responsible pipeline operator.

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