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Enbridge Inc T.ENB.PR.Y


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

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.


TSX:ENB - Post by User

Post by autofocus111on Mar 23, 2023 7:30pm
616 Views
Post# 35357621

Line 5 tunnel delays

Line 5 tunnel delays
Unreal. Now it's going to be 6 years or maybe even longer from the time the application was made until construction can proceed. Maybe ENB can sue the relevant agencies for dereliction of duty and recovery of any costs for environmental remediation if a spill does occur in the interim

>>>The U.S. Army Corps of Engineers (USACE) said Thursday it now expects to complete its draft environmental impact statement for Enbridge's Line 5 tunnel permit application in spring 2025, rather than late 2023 as earlier indicated. In an emailed statement, Enbridge spokesman Ryan Duffy said the USACE's decision to extend the permitting process further delays the replacement of the dual pipelines in Michigan's Straits of Mackinac, and will essentially push the start of construction until at least 2026.... He added Enbridge first submitted its application for the Great Lakes tunnel project in April 2020.  "As such, the USACE is estimating it will need six years to review and issue a decision for the project," Duffy said.

https://www.bnnbloomberg.ca/enbridge-disappointed-as-environmental-review-for-line-5-tunnel-extended-1.1899657
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