- Regulatory hearings for Enbridge's (ENB -0.3%) C$8.2B (US$6.5B) Line 3 crude oil pipeline upgrade begin today in Minnesota, which presents the last hurdle for the biggest project by North America’s top pipeline operator.
- The Minnesota Public Utilities Commission will hear until mid-November from groups including landowners, aboriginals and environmentalists, many of whom fiercely oppose the project, but is not due to make its final decision on the project until next April.
- The Line 3 replacement project from Hardisty, Alberta, to Superior, Wis., doubles the capacity of the existing line - which was built in the 1960s and has been running below capacity - to 760K bbl/day.
- ENB already has started Line 3 construction in Canada and Wisconsin, where it has obtained all approvals, but most of the line’s U.S. portion passes through Minnesota, the last jurisdiction to review it.
- Now read: Will Enbridge See Green Through Green Energy Investments?
Original article