CALGARY, AB and LANSING, Mich., Sept.
9, 2020 /CNW/ - Enbridge (TSX: ENB) (NYSE: ENB) will restart
the east segment of Line 5 in the Straits of Mackinac after receiving authorization from
the Pipeline and Hazardous Materials Safety Administration (PHMSA)
and approval from the Michigan Circuit Court.
Vern Yu, Executive Vice President
and President of Liquids Pipelines said, "The decision to
allow the restart of the east segment of Line 5 is very positive
for the many residents and businesses in Michigan and the Great Lakes region who depend
on the energy Line 5 delivers. Enbridge 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 and
feedstock that helps to fuel Michigan's and the region's
economy."
Enbridge has throughout this period kept the State of Michigan fully advised of the status
of the west and east segment investigations and will continue to do
so.
Following a review of the data from an in-line inspection of the
east segment in the area around the damaged screw anchor, PHMSA
indicated in a letter to Enbridge dated September 4, 2020, that, "The review by PHMSA and
its independent third-party expert did not identify any integrity
issues. As no integrity issues have been identified in the area
around the displaced anchor, PHMSA has no objection to Enbridge
restarting the east leg of Line 5."
The west segment returned to operation in July.
Line 5 has served Michiganders safely without incident at the
Straits crossing for more than 65 years. 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
and that fuels our economy.
As safety and protecting the environment are as important to us
as they are to all Michiganders, we continue to work toward and
look forward to the day when a replacement for the Line 5 dual
pipelines is encased safely in a tunnel below the waters of
the Straits of Mackinac.
Forward Looking Information
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. 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. 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.
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. 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.
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. 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.
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.
About Enbridge Inc.
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. 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.; Gas Distribution and Storage, which serves
approximately 3.8 million retail customers in Ontario and Quebec; and Renewable Power Generation, which
generates approximately 1,750 MW of net renewable power in
North America and Europe. The Company's common shares trade on
the Toronto and New York stock exchanges under the symbol ENB.
For more information, visit www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
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SOURCE Enbridge Inc.