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Stock impact report

Enbridge’s TETCO unit says its natural gas pipe likely will remain reduced until at least third quarter [Toronto Globe and Mail (Ontario, Canada)]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
Enbridge’s TETCO unit says its natural gas pipe likely will remain reduced until at least third quarter Enbridge Inc’s Texas Eastern Transmission (TETCO) unit said late Thursday it anticipated the earliest its 30-inch natural gas pipe from Pennsylvania to Mississippi could return to full pressure was late in the third quarter of 2021. TETCO declared a force majeure on May 28 after the U.S. Pipeline and Hazardous Material Safety Administration (PHMSA) required the company to reinstate a 20 per cent pressure restriction on two of three lines (Lines 10 and 15) that make up the 30-inch system between its Kosciusko, Mississippi, and Uniontown, Pennsylvania, compressor stations effective June 1. That reduction cut flows from Appalachia to the Gulf Coast on the 30-inch system at the Owningsville compressor station in Kentucky to 1.0 billion cubic feet per day (bcfd) so far in June from an average of 1.9 bcfd in May, according to Refinitiv data. Even though analysts said most of that gas cou Show less Read more
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