enbridge line 5 update

For more information, visit the Toronto and New York stock exchanges under the symbol ENB. 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. 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. Gretchen Whitmer, seeking a court order to prevent the shutdown of its Line 5 oil pipeline. 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's Line 5 has served Michiganders safely without incident at the Straits crossing for more than 65 years, over nine different State Administrations. Enbridge’s Line 5 has been criticized sharply as a potential environmental risk to the Great Lakes over the last decade. Our federal regulator, PHMSA, has no objections to this plan. The proposed tunnel would encapsulate oil giant Enbridge’s Line 5 pipeline under the Straits of Mackinac, purportedly to prevent another oil spill. Enbridge Inc. is North America’s largest energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas pipelines, regulated natural gas distribution utilities and renewable power generation. This includes informing PHMSA of our completion of the Remote Operated Vehicle (ROV) inspections of the west leg of the Straits pipelines, which confirmed that the west leg did not exhibit any support anchor damage. A shutdown of the line could send gas prices soaring, particularly in Toronto. The issue with the screw anchor assembly observed on Thursday is isolated to the east leg which we will continue to investigate and evaluate over the weekend. Enbridge’s Line 5 is a 645-mile petroleum pipeline that is part of the larger Enbridge Lakehead System. Enbridge will not resume operation on the east leg without further discussion with the State of Michigan and approval from PHMSA. The DNR rejected Enbridge's offer to allow technical experts to discuss any questions or clarifications related to its review. Enbridge Line 5 splits into twin 20-inch diameter lines in the Upper Peninsula west of St. Ignace before crossing under the Straits of Mackinac. ROV inspections of the remainder of the east leg have confirmed no damage to the remaining screw anchors and the pipeline itself. We complied with these requests before resuming operation of the west leg Saturday afternoon with monitoring vessels on the water. 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. Enbridge Inc. has filed a lawsuit against Michigan Gov. Line 5 threatens the drinking water supply for 5 million Michigan residents, the Pure Michigan tourist economy, and a way of life. Democracy Now! We immediately shut down the Line as a precaution and are inspecting the area with divers and the entire pipeline with remotely operated vehicles. Vern Yu, Executive Vice President and President of Liquids Pipelines said: “Enbridge is disappointed in the court’s ruling as we believe that Line 5 is safe; however, the west leg of Line 5 … Wisconsin receives no benefit from the pipeline but is subject to a lot of risk. Enbridge also moved the complaint filed by the state against Line 5 on Nov. 13 in Michigan state court to the federal court. In 2018, an anchor struck and damaged part of Line 5 in the Straits of Mackinac. This failure to engage reflects a lack of understanding or worse, a continued failure to meet the State's commitments under the 2018 Second Agreement between the State of Michigan and Enbridge, which contemplates periodic meetings on pipeline issues to avoid just this kind of situation. Line 5 carries oil from Superior, Wisconsin, across Michigan’s Upper Peninsula, through northern Michigan, down to the thumb region, and under the St. Clair River to Sarnia, Ontario. Our focus remains on protecting the Great Lakes, the environment and all the people who use these waters while delivering energy that people rely on daily. A Cision company. In January 2018, Enbridge official Paul Meneghini said the existing … Enbridge's Line 5 has served Michiganders safely without incident at the Straits crossing for more than 65 years, over nine different State Administrations. Enbridge reports Straits crossing support issue on Line 5 to State of Michigan June 20, 2020 UPDATE: June 22, 2020, 2 p.m. If the easement were pulled, Enbridge would have to stop flowing oil and natural gas products like propane through its Line 5 pipeline, which connects Western Canadian oil and gas production with refineries in Ontario and across the U.S. Midwest. Enbridge received a notice from the Governor's chief legal counsel this afternoon and is reviewing the document. "We will continue to focus on the safe operation of the dual Line 5 pipelines at the Straits of Mackinac, ensuring the Great Lakes are protected while also reliably delivering the energy that helps to fuel Michigan's and the region's economy," Yu continued. 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. On your next visit, you'll find a shortcut to this page in the main menu. 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. LANSING (WJRT) (6/25/2020) - A judge ordered Enbridge to shut down its controversial Line 5 oil pipeline under the Straits of Mackinac and give … 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. The Line 5 segment is located between Marysville and Froomfield, Ontario. The reason for the move to federal court is that the Pipeline and Hazardous Materials Safety Administration, a federal agency, is … Enbridge supporters applauded the company’s lawsuit, arguing that allowing Line 5 to remain operational until Enbridge can replace the existing dual-span with a single pipe buried in a tunnel deep beneath the straits is the best way to improve pipeline safety while avoiding economic repercussions from a lapse in fuel transports through the pipeline. Whitmer. 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. With today's actions by the Governor and Attorney General based on historical Line 5 compliance, Enbridge finally will have an opportunity to review the DNR's analysis and provide a thorough response through the legal process. The support, installed in 2018, is on the east leg of the pipeline. In developing its report, the Michigan Department of Natural Resources (DNR) chose to conduct its assessment of Easement compliance in a non-public manner. The most relevant assumptions associated with forward-looking statements in this news release with regards to the Line 5 dual pipelines include the impact of government and regulatory actions, approvals and litigation on ongoing and future operations. Here are the relevant facts about what Line 5 carries: According to Enbridge, the line carries about 540,000 barrels (22.7 million gallons) per day … The application seeks approval for Enbridge's project known as the Straits Line 5 Replacement Segment Project, which will replace the current crossing - consisting of two, 20” inch diameter pipes referred to as the Dual Pipelines – with a single, 30-inch diameter pipe (the replacement pipe segment) located within a concrete-lined tunnel below the lakebed of the Straits. Enbridge's Line 5 has served Michiganders safely without incident at the Straits crossing for more than 65 years, over nine different State Administrations. This page has been added to your list of favorites. CALGARY, AB and LANSING, Mich., Nov. 13, 2020 /PRNewswire/ - Enbridge remains confident that Line 5 continues to operate safely and that there is … The east leg will remain shut down. 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. To assure transparency and efficiency, we have provided this assessment and an assessment of the west leg to both PHMSA and the State of Michigan. Enbridge is also moving the complaint filed by the State of Michigan against Line 5 on November 13 in Michigan state court to the federal court. Enbridge Faces New Fight as Michigan Seeks Line 5 Shutdown Back to video “Enbridge’s Line 5 is a grave and unreasonable risk to the state’s residents and natural resources and requires the pipeline to be shut down 180 days from now, on May 12, 2021,” the state said in a release Friday. After verifying the safe operating condition of the west leg, we discussed with PHMSA our plan to resume normal operations on that line and PHMSA had no objections to this plan. HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. (Michigan Department of … Line 3 Replacement We have been working very closely with our safety regulator, the Pipeline and Hazardous Materials Safety Administration (PHMSA), to ensure that PHMSA is informed and in a position to assess the safety of the dual Line 5 Straits pipelines. Earlier today, Enbridge CEO Al Monaco responded to Governor Whitmer and confirmed that Enbridge is committed to sharing what is learned about the incident with the screw anchor assembly on the east leg with PHMSA and the State of Michigan. According to Enbridge vice president and president of liquids pipelines, Vern Yu, Line 5 is still very viable. The pipeline was also determined to be free from any sign of mechanical damage and safe to operate. Photo taken Sept. 23, 2015. In June 2020, Enbridge reported that an anchor support for the pipeline had been damaged in the straits. 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. Enbridge leadership and subject matter experts have provided update briefings to the State, and Enbridge CEO Al Monaco has offered to meet with the Governor at any time. is a 501(c)3 non-profit news organization. The application seeks approval for Enbridge's project known as the Straits Line 5 Replacement Segment Project, which will replace the current crossing - consisting of two, 20” inch diameter pipes referred to as the Dual Pipelines – with a single, 30-inch diameter pipe (the replacement pipe segment) located within a concrete-lined tunnel below the lakebed of the Straits. We were transparent in notifying the State of Michigan and our federal regulator PHMSA on Thursday, the same day we discovered the damage to the screw anchor support assembly. Enbridge on Friday, June 19, 2020, completed its Remote Operated Vehicle (ROV) inspection of the west leg of Line 5 in the Straits and confirmed there are no issues or damage to the anchor structures or pipeline on the west leg. ... Get Email Updates. Enbridge's Line 5 has served Michiganders safely without incident at the Straits crossing for more than 65 years. ET Enbridge understands the importance of the Great Lakes to the State and shares the Governor’s and Michiganders’ desires to protect these precious waters, the environment and the people who use the water. Enbridge is currently seeking permit approval for the tunnel project and replacement pipeline which, upon completion, will make a safe Straits crossing even safer. Line 5 is part of Enbridge's Lakehead network, which carries oil from western Canada to refineries in the U.S. and Ontario. As part of Enbridge’s seasonal maintenance work on Line 5 in the Straits we have discovered a screw anchor support that has shifted from its original position. Enbridge understands the importance of the Great Lakes to the State and shares the Governor’s and Michiganders’ desires to protect these precious waters, the environment and the people who use the water. Families and businesses in the Upper Peninsula rely on Line 5 to meet 65% of their propane demand. Enbridge remains confident that Line 5 continues to operate safely and that there is no credible basis for terminating the 1953 Easement allowing the Dual Line 5 … Line 5 in the Straits consists of two 20-inch pipelines, an east leg and a west leg, running parallel to each other for the 4.5 miles across the lakebed. FILE - This June 2020, file photo, shot from a television screen provided by the Michigan Department of Environment, Great Lakes, and Energy shows damage to anchor support EP-17-1 on the east leg of the Enbridge Line 5 pipeline within the Straits of Mackinac in Mich. Built and operated by Canadian company, Enbridge, Inc., Line 5's products mostly serve Canada, with less than 10 percent of the oil used in Michigan. Enbridge Inc. is a leading North American energy infrastructure company. As we have verified that the west leg is not affected, we resumed normal operations on that line today at approximately 2 p.m. Eastern Time. "This notice and the report from Michigan Department of Natural Resources are a distraction from the fundamental facts," said Vern Yu, Executive Vice President and President, Liquids Pipelines. We will continue to provide the State all the information we provide to PHMSA on this matter. We remain committed to advancing The Great Lakes Tunnel that will contain a new section of pipeline to replace the Dual Pipelines. 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. Enbridge in Michigan Line 5 helps heat Michigan homes, schools, hospitals and businesses, fuels vehicles, and powers industry by safely and reliably transporting light crude oil, light synthetic crude oil and natural gas liquids (NGL). June 21 update: Enbridge rebuffs Whitmer, won’t close Line 5 after damage to anchor support Enbridge Energy has shut down the Line 5 petroleum pipeline in the Straits of Mackinac following “significant damage” to an anchor support on the lakebottom pipeline, … This news release also contains forward-looking information about the tunnel project permitting process. This information may not be appropriate for other purposes. PHMSA requested that applicable public officials in the area be notified and that the resumption of normal operations on the west leg occur during daylight hours with onsite monitoring for any unexpected developments. The Company's common shares trade on and stock exchanges under the symbol ENB. We will be providing the information the Governor has requested. Read the letter from Al Monaco to Gov. For more... Westcoast Energy Announces Redemption of Cumulative 5-Year... Enbridge Announces 2021 Financial Guidance, Increases Dividend,... Enbridge Inc. Click to remove it from your list. CALGARY, AB and LANSING, Mich., Nov. 13, 2020 /CNW/ - Enbridge remains confident that Line 5 continues to operate safely and that there is no credible basis for terminating the 1953 Easement allowing the Dual Line 5 Pipelines to cross the Straits of Mackinac. For more information, visit www.enbridge.com, Ryan Duffy Toll Free: (888) 992-0997 Email: [email protected], Jonathan Morgan Toll Free: (800) 481-2804 Email: [email protected]. "Line 5 remains safe, as envisioned by the 1953 Easement, and as recently validated by our federal safety regulator.". Any disruption would have devastating consequences. Despite its insistence that Line 5 poses no threat, Enbridge reached an agreement with Republican Gov. With so many twists and turns in the Line 5 story, it’s hard to keep up with the legal filings and positions from Enbridge Energy Corp., various Michigan governmental agencies and groups trying to stop or keep the pipeline. We safely and reliably deliver the energy people need and want to fuel quality of life. STRAITS OF MACKINAC, Mich. (WLUC) - Enbridge has launched a new step by step animation on how the tunnel around the Line 5 Pipeline will be built. Enbridge was responsible for the largest inland oil spill in 2010 in Michigan’s Kalamazoo River, which resulted in nearly 1 million gallons of oil being released into Michigan’s waterways. 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. This is an issue affecting that anchor support and not the pipeline itself. Michigan Moves to Shut Down Enbridge Line 5 Pipelines. Forward-looking information or statements in this news release include statements with respect to the Line 5 dual pipelines, including the safe operations thereof, litigation and anticipated impact of any disruption to Line 5 operations. Dear Editor: Enbridge Line 5, a 67-year-old Canadian oil pipeline, starts in Superior, and traverses east using the upper Great Lake states for a shortcut to its destination in Sarnia, Ontario. Copyright © 2020 CNW Group Ltd. All Rights Reserved. With respect to the east leg, Enbridge has completed an engineering analysis of the forces applied to the anchor support, and an evaluation of the entire east pipeline for any potential damage. Separately, Enbridge announced that the quarterly dividend for 2021 will be increased from $0.81 to $0.835 per share, commencing with the dividend payable on March 1, 2021, to shareholders of record on February 12, 2021. Business Updates. 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