Â, "This is a historic day for the Line 3 project which will strengthen the safety of the system for years to come," said Vern Yu Enbridge Executive Vice President and President of Liquid Pipelines.  "With all of the permits in hand, we can now start construction."Â. All rights reserved. Enbridge Energy, Limited Partnership has applied to the Minnesota Public Utilities Commission for a certificate of need and a pipeline routing permit for its Line 3 Pipeline Replacement Project. 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 … Similarly, the COVID-19 pandemic, exchange rates, inflation and interest rates impact the economies and business environments in which the Company operates and may impact levels of demand for the Company's services and cost of inputs and are therefore inherent in all forward-looking statements. Is there a problem with this press release? 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. Enbridge Line 3 Starts Construction in Minnesota December 1, 2020 The Line 3 Replacement Project can now start construction in Minnesota after receiving all necessary permits and approvals. The Line 3 … The Line 3 project is expected to create roughly 4,200 construction jobs, about half of which will go to local workers. Forward-looking statements are typically identified by words such as ''anticipate'', ''expect'', ''project'', ''estimate'', ''forecast'', ''plan'', ''intend'', ''target'', ''believe'', "likely" and similar words suggesting future outcomes or statements regarding an outlook. You can also contact MarketWatch Customer Service via our Customer Center. Forward-looking information, or forward-looking statements, have been included in this news release to provide information about Enbridge Inc. ("Enbridge" or the "Company") and its subsidiaries and affiliates, including management's assessment of Enbridge and its subsidiaries' future plans and operations. 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 … 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. 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. 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. Enbridge could start the construction on Line 3 in December. "With all of the permits in hand, we can now start construction.". The replacement of Line 3 is a safety and maintenance focused private investment in Minnesota's energy infrastructure. For more information, visit the Toronto and New York stock exchanges under the symbol ENB. 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 … For more information, visit www.enbridge.com. 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. Due to the interdependencies and correlation of these macroeconomic factors, the impact of any one assumption on a forward-looking statement cannot be determined with certainty. CALGARY, AB and DULUTH, Minn., Nov. 30, 2020 /PRNewswire via COMTEX/ -- CALGARY, AB and DULUTH, Minn., Nov. 30, 2020 /PRNewswire/ - The Line 3 Replacement Project can now start … 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. 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. Spokeswoman Juli Kellner said Enbridge … For more information, visit the Toronto and New York stock exchanges under the symbol ENB. Enbridge Inc. launched work Monday on the $2 billion Minnesota leg in its Line 3 oil pipe replacement project after receiving the final state permit required for construction. 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. By Mike Hughlett Star Tribune November 12, 2020 — 8:09pm Line 3 is an oil sands pipeline owned and operated since 1968 by Enbridge, a Canadian energy transportation company. Written … 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. Line 3 Replacement. 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. Due to the interdependencies and correlation of these macroeconomic factors, the impact of any one assumption on a forward-looking statement cannot be determined with certainty. 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. … Line 3 Replacement Project starts construction in Minnesota As of Nov. 30, 2020, the Line 3 Replacement Project can now start construction in Minnesota after receiving all necessary permits … 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. Copyright © 2020 MarketWatch, Inc. All rights reserved. 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. Enbridge Energy (Enbridge) proposed to construct a new oil pipeline in Minnesota to replace its existing Line 3 pipeline. The replacement of Line 3 is a safety and maintenance focused private investment in Minnesota's energy infrastructure. Nov 30, 2020, 17:30 ET CALGARY, AB and DULUTH, Minn., Nov. 30, 2020 /PRNewswire/ - The Line 3 Replacement Project can now start construction in Minnesota after receiving all necessary … Enbridge Inc. is a leading North American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. The multibillion-dollar Line 3 Replacement Program is the largest project in Enbridge history. This information may not be appropriate for other purposes. 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. 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. 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 … CALGARY, AB and DULUTH, Minn., Nov. 30, 2020 /PRNewswire via COMTEX/ -- The Line 3 replacement may now begin service in mid to late 2021, Stifel FirstEnergy analyst Ian Gillies said. 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. It was proposed in 2014 by Enbridge, a Canadian pipeline … 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 2014, Enbridge proposed the construction of a new route for the Line 3 … Enbridge invested in the SunBridge wind power project in Saskatchewan in 2002, beginning its portfolio in renewable energy investment that now tops $3-billion, includes 12 wind … "This is a … 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. The Company's common shares trade on and stock exchanges under the symbol ENB. MINNEAPOLIS — 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. 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. 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. 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. The new Line 3 will comprise the newest and most advanced pipeline technology—and provide much needed … "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. The Company's common shares trade on and stock exchanges under the symbol ENB. 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. 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. 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. 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