Enbridge is dusting off its plans for the Gateway pipeline, that's the four billion dollar project that would run twin pipelines to and from Alberta. One for moving imported diluent from Kitimat to Alberta, and one bringing crude oil from the Northern Alberta oil sands to Kitimat for loading into tanker ships.
It was put on the back burner last year when the Calgary based energy company decided to concentrate its efforts on the energy needs of the US marketplace.
However, renewed interest from Asian markets and homegrown developments have made the project a feasible plan once again and Enbridge is putting forward its plan to win regulatory approval for the project.
Globe and Mail--Enbridge revives $4-billion pipeline
Financial Post--Enbridge rekindles oilsands pipeline plan
Calgary Sun--Gateway pipeline back on track
Prince George Citizen--Enbridge makes pipeline progress
The TV 7 website posted its story on the proposed development on its website on Monday.
Pipeline Project RevivedTue, 2008-02-26 18:26.
Local News
CFTK TV News
The Northwest can brace for more activity by Enbridge in the coming year.
The Calgary pipeline company has revived its $4-billion plan to build a line from the Alberta oil sands to port at Kitimat.
Enbridge officials told a recent conference that they've lined up enough support from customers in Southeast Asia, along with producers in this country, to move forward with the Gateway project.
That means Enbridge is accelerating work on winning regulatory approval.
The company put the brakes on the Gateway project more than a year ago to concentrate on transporting oil to U.S. markets.
The Gateway project would include twin pipelines -- one moving imported diluent from Kitimat to Alberta, and one transporting crude oil from the oilsands to Kitimat for loading into tanker ships.
While the proposal has been welcomed by some Northwest residents for the thousands of jobs it would create during construction, others are worried about the environmental impact of the line and potential oil spills on land and at sea.
No comments:
Post a Comment