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

* 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

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