16:02:25 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 1,638,650,944
Close 2017-06-12 C$ 51.00
Market Cap C$ 83,571,198,144
Recent Sedar Documents

Globe/wire say parts an issue for TransCanada, Enbridge

2017-06-13 08:44 ET - In the News

See In the News (C-TRP) TransCanada Corp

The Globe and Mail reports in its Tuesday edition that the National Energy Board will push for a shift in standards for pipeline parts after TransCanada and Enbridge discovered some that they were using had been substandard. A Reuters dispatch to The Globe says that the NEB's changes must pass external standards committees which include the pipeline industry and would change the way manufacturers have been designing parts, making production more complicated, NEB chief engineer Iain Colquhoun said. The NEB will set out precise measures after a multiparty workshop in June. "They're big changes in philosophy because the standards that we are [currently] using evolved over many decades," Mr. Colquhoun told Reuters. The changes are unlikely to significantly impact pipeline operators, although parts manufacturers may see some increased costs as they try to meet new requirements. The NEB in April warned about parts from Tecnoforge, a subsidiary of Italy's Valvitalia SpA, and South Korea's TK Corp., but did not name the companies using them. An internal NEB memo, however, named TransCanada as the company using Tecnoforge fittings, while Enbridge was the company using TK Corp. fittings.

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