Enbridge set to open most capacity on long-delayed Line 3 pipeline

Posted by Nia Williams and Rod Nickel, ca.finance.yahoo.com

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Canadian pipeline operator Enbridge Inc notified oil shippers on Wednesday that it would offer capacity for 620,000 barrels per day (bpd) on its Line 3 oil pipeline starting in October, signaling confidence in completing the long-delayed project.

The aging pipeline, which Enbridge is replacing, carries oil from Alberta to U.S. Midwest refiners. The replacement will eventually allow Enbridge to double capacity to 760,000 bpd.

Enbridge said in its notice to shippers, seen by Reuters, that its planned capacity is subject to finishing construction activities to replace the aging line in Minnesota…read more.