Converting MultiLinestring to Linestring with PostGIS

Are you sure that all your MultiLines you want to convert can be converted?

a simple geometry is one that has no anomalous geometric points, such as self intersection or self tangency and primarily refers to 0 or 1-dimensional geometries

Otherwise, ST_LineMerge should work:

SELECT ST_AsText(ST_LineMerge(ST_GeomFromText('MULTILINESTRING((-29 -27,-30 -29.7,-36 -31,-45 -33),(-45 -33,-46 -32))')));

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UPDATE

So this is the Multilinestring you provided. Looks valid from up here.:

But upon zooming in close for inspection you can clearly see this cannot be converted into a valid linestring.

VALID:

INVALID:

But take a VALID subset of your points and it works just fine:

SELECT ST_AsText(ST_LineMerge(ST_GeomFromText('MULTILINESTRING((-3.16422182573761 55.9267851753802,-3.16422870102352 55.926718114886),(-3.16422870102352 55.926718114886,-3.16423309121073 55.926675293667),(-3.16423309121073 55.926675293667,-3.16423565148822 55.9266503211093),(-3.16423565148822 55.9266503211093,-3.16424103159897 55.9265978443265),(-3.16424103159897 55.9265978443265,-3.16424680776317 55.9265415044985),(-3.16424680776317 55.9265415044985,-3.16425267254583 55.9264843002995),(-3.16425267254583 55.9264843002995,-3.16425541048045 55.9264575949012),(-3.16425541048045 55.9264575949012,-3.16426111146586 55.9264019883556),(-3.16426111146586 55.9264019883556,-3.1642667032531 55.9263474469124),(-3.1642667032531 55.9263474469124,-3.16426957768543 55.9263194101362),(-3.16426957768543 55.9263194101362,-3.16427488261739 55.9262676666359),(-3.16427488261739 55.9262676666359,-3.16428009893088 55.9262167875066))')));

You could also use ST_SnapToGrid to sort of fix your data, but you'll need to play around with the parameters to get it right.

SELECT ST_AsText(
    ST_LineMerge(
        ST_SnapToGrid(
            ST_GeomFromText('MULTILINESTRING((-3.16420835153456 55.9269166007097,-3.164222 55.926918),(-3.1642070167833 55.9269296196706,-3.16421351659546 55.9268662214904),(-3.16421351659546 55.9268662214904,-3.16421636372824 55.9268384509897),(-3.16421636372824 55.9268384509897,-3.16422182573761 55.9267851753802),(-3.16422182573761 55.9267851753802,-3.16422870102352 55.926718114886),(-3.16422870102352 55.926718114886,-3.16423309121073 55.926675293667),(-3.16423309121073 55.926675293667,-3.16423565148822 55.9266503211093),(-3.16423565148822 55.9266503211093,-3.16424103159897 55.9265978443265),(-3.16424103159897 55.9265978443265,-3.16424680776317 55.9265415044985),(-3.16424680776317 55.9265415044985,-3.16425267254583 55.9264843002995),(-3.16425267254583 55.9264843002995,-3.16425541048045 55.9264575949012),(-3.16425541048045 55.9264575949012,-3.16426111146586 55.9264019883556),(-3.16426111146586 55.9264019883556,-3.1642667032531 55.9263474469124),(-3.1642667032531 55.9263474469124,-3.16426957768543 55.9263194101362),(-3.16426957768543 55.9263194101362,-3.16427488261739 55.9262676666359),(-3.16427488261739 55.9262676666359,-3.16428009893088 55.9262167875066),(-3.16428009893088 55.9262167875066,-3.164282741107 55.9261910161221),(-3.1642875546472 55.9261440655823,-3.164282741107 55.9261910161221),(-3.1642875546472 55.9261440655823,-3.16429466890915 55.9260746741522),(-3.16429466890915 55.9260746741522,-3.16430092974527 55.9260136069079),(-3.16430092974527 55.9260136069079,-3.16430822838418 55.9259424170929),(-3.16430822838418 55.9259424170929,-3.16431547242401 55.925871759829),(-3.16431547242401 55.925871759829,-3.16431448732505 55.9258328901507),(-3.16431770120536 55.9257327846001,-3.16431547242401 55.925871759829),(-3.164339 55.925777,-3.16431770120536 55.9257327846001))'),
            0.001)
        )
    );