Enbridge says customers lined up

Enbridge Northern Gateway Pipelines last week filed with the National Energy Board commercial agreements which provide for long term deliveries of both crude oil and condensate to the capacity of the proposed pipelines.

Enbridge Northern Gateway Pipelines last week filed with the National Energy Board commercial agreements which provide for long term deliveries of both crude oil and condensate to the capacity of the proposed pipelines.

The project would transport 525,000 barrels per day of crude oil for export and import 193,000 bpd of condensate – the latter is used to dilute the thick oil sands bitumen so that it can be pumped through the oil export line .

Construction of the 1,177km twin pipeline system and marine terminal in Kitimat is estimated to cost $5.5 billion.

However, while Enbridge says both Canadian bitumen producers and Asian buyers “have agreed on commercial terms relating to the long term use of the facilities”, the names of those producers and buyers remain confidential.

“This support demonstrates the need for Northern Gateway and is a major step forward for the project,” said Janet Holder, Enbridge’s executive vice-president for western access.

“Northern Gateway will link two of Canada’s most important competitive strengths: our tremendous petroleum reserves and our Pacific advantage – safe deepwater ports that are close to the growing markets of the Pacific Rim.

“The project has the potential to move Canada into receiving premium prices in the global energy marketplace, rather than the landlocked, one customer price-taker it is today.”

However, the announcement of the commercial agreements received a sharp and quick rebuke from Chief Larry Nooski of the Nadleh Whut’en First Nation (Fraser Lake), a member of the Yinka Dene Alliance.

“It doesn’t matter who they get a deal with. They plan to come through our territories and we’ve already said no, and we’ll use every legal means we have to stop them,” he said, adding, “Getting industry to support their plan is not going to help them. These lands belong to First Nations and they will never get our permission because our lands and rivers are not for sale.”

Noting there are now more than 100 First Nations in western Canada which have rejected Enbridge’s pipeline and tankers, Nooski added, “This pipeline is dead in the water.”

Other members of the Yinka Dene Alliance include the Nak’azdli (Fort St. James), Takla Lake, Saik’uz (Vanderhoof), and Wet’suwet’en First Nations all of which are opposed to Northern Gateway.

 

Just Posted

Pilot project thins out overgrown forest location

Immediate and long term logging and environmental benefits eyed

Gitga’at and LNG Canada announce new Marine Emergency Response and Research Facility in Hartley Bay

LNG Canada providing financial support as committed in 2014 Impact Mitigation and Benefit Agreement

Chevron’s move to exit Kitimat LNG project a dash of ‘cold water’ for gas industry

Canada Energy Regulator approved a 40-year licence to export natural gas for Kitimat LNG

Snowfall warning continues for parts of B.C.’s Interior

First significant snowfall of the season prompts Environment Canada warning

VIDEO: Success of wildlife corridors in Banff National Park has advocates wanting more

Demand for more highway protection escalated after seven elk were killed by a semi-trailer near Canmore

Pacioretty scores 2, Golden Knights top Canucks 6-3

Vegas goalie Fleury gets win No. 452

B.C. VIEWS: Hunger does not end with the season

Despite innovations in food distribution, the need is still there in B.C. communities

Fans sing Canadian anthem after sound system breaks at BMW IBSF World Cup

The Canadians in attendance made sure their team and flag were honoured on the podium

VIDEO: Fire destroys Big White Ski Resort chalet

Social media eulogies peg the property, nicknamed “The Pharamacy,” as both loved and hated

Prince George RCMP use bait packages to catch porch pirates over the holidays

First-in-Canada program with Amazon looks to combat parcel theft

Nanaimo mechanical engineer creates thief tracking program

Nanaimo Thief Tracking lets users plot and share information about thefts online

Mayor wants B.C. to institutionalize severely mental ill people who are homeless

Those suffering from mental health conditions, such as schizophrenia, need specialized care, mayor says

Most Read