Saturday , May 25 2019
Home / canada / New beat to Canada oil industry as the main pipe line delayed by year

New beat to Canada oil industry as the main pipe line delayed by year



In Canada's huge oil industry, Enbridge Inc. now expects the Line 3 oil pipeline to be re-expanded and extended in service for one year after the expected one.

It is expected that the project, which previously has been previously sited for a & # 39; Strongly in the fourth quarter of this year, entering the service in the second half of 2020, a company based in Calgary said on Friday. Construction is being reimbursed because the Minnesota licensing process will not be completed until November, and federal licenses are not available for up to 60 days later.

The delay in a poor situation for Canadian oil producers, suffers from the lack of a pipe place that has made it difficult to bring it to pottery, price pressures. Enbridge's Line 3 is particularly important because the government of Alberta's full oil oil department counted when it started this year to allow them to complete a cut as a result of its implementation to deal with a mistress of harm.

By de-expanding $ 3bn line, which would add 370,000 barrels of daily travel capabilities, the latest in a series of projects that were scanned or stopped by the Canadian energy industry. Keystone XL is on TransCanada Corp. have been dragged for more than a decade among the enemy and the face of landlords. The Trans Mountain extension, purchased by the Canadian government from Kinder Morgan Inc. to save it from being erased, has been protected from a legal challenge.

It has also been hit by industry in recent years by going to & # 39; eliminating TransCanada's Energy East pipeline and the Canadian government rejected Enbridge's proposed North Gate portion.

Line 3 refurbishment and extension would help to & # 39; reduce the amount of turbulence on the route 1,659 kilometers from Alberta oil unit Hardisty to Superior, Wisconsin. Construction is already being completed in Wisconsin and largely completed on the way Enbridge said as far as February 15 that he had planned to deliver this year's service .

Bloomberg.com


Source link