July 2019, Vol. 246, No. 7

Projects

Potential Permitting Delays Could Raise Line 3 Costs

Enbridge said there is a risk its Line 3 replacement project could exceed its previous cost estimate of $6.71 billion (C$9 billion) because of delays to permits in the United States. Once complete, Line 3 will carry 760,000 bpd of western Canadian crude to U.S. markets. In March, Enbridge said the in-service date would be delayed by almost a year until the second half of 2020 because of slower-than-expected permitting in the U.S. state of Minnesota. Enbridge told analysts during quarterly earnings call as long as permits are in hand by year-end the project will start running in the latter part of next year. “The late schedule likely means higher costs on the U.S. side although we are runn

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