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Enbridge Inc
Symbol ENB
Shares Issued 846,371,626
Close 2014-09-24 C$ 54.29
Market Cap C$ 45,949,515,576
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Globe says Enbridge pipeline not welcome in Prince Rupert

2014-09-25 08:49 ET - In the News

The Globe and Mail reports in its Thursday, Sept. 25, edition that newly elected Alberta Premier Jim Prentice wants Enbridge to reroute the proposed Northern Gateway pipeline, but Prince Rupert, touted as the obvious alternative to locate the marine terminal, is taking a pass. The Globe's Justine Hunter and Ian Bailey write that Mr. Prentice is calling for Enbridge to find a new terminus for the project because of strong opposition to the current route, which has its terminus at Kitimat, B.C. A decade ago, Kitimat and Prince Rupert battled for the privilege of playing host to the new terminal. In 2005, Enbridge chose Kitimat saying the pipeline route to Prince Rupert would be riskier and more expensive. Mayor Jack Mussallem says Prince Rupert has a thriving fishing industry that employs hundreds of people and is critically important to the local first nations. Mr. Mussallem says, "Overwhelmingly, people in my community are much more comfortable with liquefied natural gas, with wood pellets, with coal, than any oil product." A spokesman for the Prince Rupert Port Authority said Wednesday there is currently no room for Enbridge to build at the port even if it wanted to.

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