OTTAWA, Ontario (Bloomberg) -- Enbridge Inc. is poised to win government approval for its proposed Northern Gateway pipeline to the Pacific coast, a major step for the project that still faces opposition from aboriginal and environmental groups. Prime Minister Stephen Harper’s cabinet must decide by midnight tomorrow, June 17, whether to approve the C$6.5 billion ($6 billion) pipeline, which would carry diluted bitumen from Alberta’s oil sands across British Columbia. Canada’s petroleum industry is seeking measures to move landlocked crude to offshore markets with another proposed pipeline, TransCanada Corp’s, Keystone XL, in regulatory limbo in the U.S.
..»
No comments:
Post a Comment