02:19:48 EDT Tue 09 Jun 2026
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Enbridge Inc
Symbol ENB
Shares Issued 823,022,699
Close 2013-05-13 C$ 47.02
Market Cap C$ 38,698,527,307
Recent Sedar+ Documents

Globe/CP say Enbridge hears NWT has a piping hot idea

2013-05-14 09:22 ET - In the News

The Globe and Mail reports in its Tuesday, May 14, edition that the Northwest Territories is promoting the idea of a "made-in-the-North" oil pipeline as a means to get Canadian crude to international markets, bypassing jurisdictions that have been less than keen on such developments. A Canadian Press dispatch to The Globe reports the territory's industry minister David Ramsay says, "Certainly the Northwest Territories is in a good location when it comes to the possible routing of the pipeline north." Mr. Ramsay envisions a pipeline that would transport Alberta crude through the Northwest Territories and the Yukon to Alaska, where it could be shipped to Asia on tankers. The line could also transport crude out of the Canol shale oil deposit, a potentially huge, but early stage, resource in the Northwest Territories' Central Mackenzie Valley. Producers in the oil sands have been anxious to get their crude to markets that can pay the best price, but a dearth of pipelines to tidewater has made that difficult. Political opposition in British Columbia, which goes to the polls on Tuesday, could scuttle Enbridge's Northern Gateway and Kinder Morgan's Trans Mountain pipeline that would connect Alberta crude to Asia via a West Coast port.

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