Enbridge Inc said on Wednesday its Line 3 pipeline replacement project will begin operating on Oct. 1, the first successful major expansion of Canadian crude export capacity in six years, clearing hurdles that other projects were unable to overcome.
Its completion is welcome news for the Canadian energy sector after a number of proposed pipelines, including TC Energy’s Keystone XL, were scrapped due to environmental opposition and regulatory delays.
The $8.2 billion project allows Enbridge to roughly double its capacity to 760,000 barrels per day on the 1,765 km-long (1097 mile-long) pipeline.
Line 3, built in the 1960s, carries oil from Edmonton, Alberta, to refineries in the U.S. Midwest, but for years was transporting less than its capacity because of age and corrosion. The project was opposed by environmental and Native American groups, particularly in Minnesota, the last stage of the expansion…read more.