In its largest capital project in history, Enbridge plans to do what Transcanada so far can’t — ship more than half a million barrels of heavy oil across the U.S. border without President Barack Obama’s direct approval.
Late Monday evening, Enbridge announced plans for its largest capital project in history— a $7 billion replacement of its Line 3 pipeline.
The existing Line 3 pipeline is part of Enbridge’s extensive Mainline system. The 34-inch pipe was installed in 1968 and currently carries light oil 1,660 km from Edmonton to Superior, Wis.
While the Line 3 pipeline currently has a maximum shipping (Read more…)