06:04:05 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Globe says Enbridge Northern Gateway outlook brightens

2016-04-22 09:14 ET - In the News

The Globe and Mail reports in its Friday edition that Alberta Premier Rachel Notley's softening stance on Enbridge's proposed Northern Gateway oil pipeline project has renewed optimism in the energy sector, but it will be many months before the British Columbia government may match her shift toward "yes." The Globe's Justine Hunter writes that Ms. Notley said this week her government is in talks with B.C. to pave the way for construction of an oil pipeline to the West Coast in exchange for a long-term contract to buy B.C.'s surplus electricity. Ms. Notley indicated she is no longer strictly opposed to the construction of Gateway. B.C. Environment Minister Mary Polak confirmed on Thursday negotiations with Alberta are running on parallel tracks -- climate and energy -- but played down any trade-offs between the two provinces on those files. Ms. Polak said, "We continue to work on areas of common interest today, with both the energy and climate files clearly a priority for both provinces." Ms. Polak, however, added B.C. will maintain its opposition to both Gateway and Kinder Morgan's Trans Mountain oil pipeline expansion proposal until each of its five conditions is met.

© 2024 Canjex Publishing Ltd. All rights reserved.