(Oil Price) – Alberta could receive within weeks a proposal from a private company for a new pipeline from the oil-rich province to British Columbia’s northwest coast, Alberta Premier Danielle Smith told Bloomberg News in an interview published on Tuesday.
A new pipeline to Canada’s northwest Pacific coast “is the most credible and the most economic of all of the pipeline proposals the private sector would consider,” Smith told Bloomberg, declining to name any companies potentially involved in the project.
Earlier this month, Smith said that Alberta is working to engage private backers for a new pipeline to ship about 1 million barrels per day (bpd) of crude from Canada’s oil-producing province to British Columbia.
The pipeline would run from the oil sands in Alberta to the Port of Prince Rupert on British Columbia’s northwest coast, and to international markets afterwards, according to the plans of the province.
Alberta could receive within weeks a proposal from a private company for a new pipeline from the oil-rich province to British Columbia’s northwest coast, Alberta Premier Danielle Smith told Bloomberg News in an interview published on Tuesday.
A new pipeline to Canada’s northwest Pacific coast “is the most credible and the most economic of all of the pipeline proposals the private sector would consider,” Smith told Bloomberg, declining to name any companies potentially involved in the project.
Earlier this month, Smith said that Alberta is working to engage private backers for a new pipeline to ship about 1 million barrels per day (bpd) of crude from Canada’s oil-producing province to British Columbia.
The pipeline would run from the oil sands in Alberta to the Port of Prince Rupert on British Columbia’s northwest coast, and to international markets afterwards, according to the plans of the province.
