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Enbridge Inc
Symbol ENB
Shares Issued 848,774,828
Close 2014-11-26 C$ 53.54
Market Cap C$ 45,443,404,291
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Globe says Haisla create another obstacle for Enbridge

2014-11-27 06:55 ET - In the News

The Globe and Mail reports in its Thursday edition that the Haisla First Nation has its sights set on a B.C. property to export liquefied natural gas, which is the same property Enbridge wants to build the terminus for its Northern Gateway pipeline. The Globe's Brent Jang writes that the Haisla say Kitimat would be an ideal venue for a native-led LNG project. The Haisla are devising LNG proposals against a backdrop of vocal opposition in British Columbia against Gateway and protests against Kinder Morgan Canada's plans to nearly triple its Trans Mountain oil pipeline capacity from Edmonton to the Vancouver suburb of Burnaby. The Haisla are seeking to acquire up to five floating LNG terminals, possibly from Singapore, and station liquefaction equipment on ships on the west side of Douglas Channel. One or two of the ships would be assigned to Enbridge's terminal site on property designated "neutral map reserve" -- B.C. Crown land that has been identified for Gateway. Gateway's terminal site is better for the Haisla's LNG plans instead of heavy oil exports, says Haisla chief councillor Ellis Ross. He says Enbridge's proposed marine terminal "is probably the best site for any type of LNG terminal."

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