Enbridge: Possibility Of Line 5 Being Shut Down By U.S. in Event of Trade War Escalation Unlikely

March 4 (Reuters) - Enbridge Inc ENB.TO:

• EXEC SAYS VENEZUELAN CRUDE BEING SANCTIONED BY THE US WILL HELP CANADIAN CRUDE DEMAND HOLD UP IN FACE OF TARIFFS - INVESTOR DAY CONF CALL

• CEO SAYS U.S. AND CANADA ENERGY SYSTEMS ARE SO INTERTWINED THAT ENBRIDGE CONTINUES TO SEE EXPORT OPPORTUNITIES TO U.S. IN SPITE OF TARIFFS

• EXEC SAYS TARIFFS WOULD NEED TO BE SUSTAINED FOR A LONG TIME BEFORE CRUDE FLOWS FROM CANADA TO THE U.S. WOULD BE SIGNIFICANTLY IMPACTED

• CEO SAYS TARIFFS THREAT HAS NOT REDUCED DEMAND FOR ENBRIDGE'S MAINLINE OIL PIPELINE FROM CANADA TO U.S

• EXEC SAYS THERE IS NO WAY FOR THE U.S. TO EASILY REPLACE THE 4 MILLION BPD OF CRUDE OIL IT IMPORTS FROM CANADA

• EXEC SAYS POSSIBILITY OF LINE 5 BEING SHUT DOWN BY U.S. IN EVENT OF TRADE WAR ESCALATION UNLIKELY

Source text: Company investor day conference call

Further company coverage: ENB.TO