01:23:17 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 2,024,676,423
Close 2023-05-30 C$ 48.44
Market Cap C$ 98,075,325,930
Recent Sedar Documents

Globe says Enbridge has Ksi Lisims LNG on its mind

2023-05-31 08:11 ET - In the News

The Globe and Mail reports in its Wednesday edition that Enbridge chief executive officer Greg Ebel is keen to revive a natural gas pipeline project in a bid to supply a proposed export facility in Northern British Columbia. The Globe's Brent Jang writes that Mr. Ebel says the Westcoast Connector Gas Transmission pipeline is shaping up to be a promising project over the long term. The pipeline route would run from northeast B.C. to near a planned export terminal, named Ksi Lisims LNG, for producing liquefied natural gas on the province's North Coast. Ksi Lisims is backed by the Nisga'a Nation, Western LNG and a group of natural-gas producers called Rockies LNG. Climate activists say the focus should be on renewable energy, but Mr. Ebel argues that LNG from Canada could play a crucial role as a transition fuel to help displace higher-carbon thermal coal currently being used for electricity generation in Asia. The pipeline's revised route takes it to Wil Milit on Pearse Island, the site of the planned export facility to be operated by Ksi Lisims. Westcoast Connector is one of two pipeline options being considered by Ksi Lisims. The other pipeline possibility is TC Energy's proposed Prince Rupert Gas Transmission.

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