Experts say the main reason behind such debacle is a combination of steadily rising production, pipeline constraints and an unexpected outage at a U.S. refinery.
Enbridge Inc Mining News
Regional District Opposes Enbridge Gateway Pipeline; Passes Resolution Calling for Legislated Ban on Oil Tanker Traffic in BC's Northern Coastal Waters
The Skeena Queen Charlotte Regional District, which provides local government services to four electoral areas and five municipalities with 20,000 residents living on the North Coast of British Columbia and Haida Gwaii, has passed a resolution opposing the Enbridge Northern Gateway oil tanker and pipeline project.
As hearings into the Northern Gateway pipeline continue, Enbridge, the company behind the $5.5 billion project to transport oilsands crude 1,170 kilometres from Brudenheim, Alberta to a new marine terminal in Kitimat, says it would consider moving the pipeline terminus to another location further north.
CTV reports the business-savvy Haisla First Nation presents a complex challenge to backers of the $5.5 billion Gateway pipeline project that would stretch for 1,170km to Kitimat in northern British Columbia while the Financial Post explains why Kitimat may have already received all the infrastructure investment it could absorb.
Interest in the future of Enbridge's $5.5-billion Northern Gateway proposal will rise next year, as public hearings are set to begin on Jan 10.
The regulatory process for Enbridge’s Northern Gateway pipeline to connect Alberta's oil sands and markets in Asia, is shaping up to make the TransCanada's Keystone XL approval look like a cake walk. Starting in January, an unprecedented 4,000-plus people – the vast majority environmental activists – will speak for a collective 650 hours at public hearings on the controversial pipeline that would stretch for 1,170km from Brudenheim in Alberta to a new marine terminal at Kitimat in northern British Columbia, Canada. The project is already almost a year behind schedule and would not go into operation in 2017 at the soonest.
According to the report in the newspaper senior bureaucrats have told the federal government that the controversial pipeline that would stretch for 1,170km from Brudenheim in Alberta to a new marine terminal at Kitimat in northern British Columbia, offers export capacity that the industry does not need. Last week Stephen Wuori, Enbridge’s president for Liquids Pipelines, vigorously defended the project saying that given that currently 99% of Canada’s $50bn/year exports went to the US, the industry needs to diversify and supply the energy-hungry economies of the Pacific Rim.