Share this Story: Erin O'Toole's plan to revive Northern Gateway could run up against risk-averse oilpatchErin O'Toole's plan to revive Northern Gateway could run up against risk-averse oilpatch If resurrected, risk of subsequent cancellation would need to be spread out between Enbridge and oil companies Photo by Nick Procaylo/PNG filesArticle content CALGARY – Conservative Party leader Erin O’Toole hopes to revive the long-cancelled, West Coast-bound Northern Gateway pipeline if elected prime minister, but oil companies and pipeline giants are less keen to take risks on major new pipelines since the project was cancelled five years ago. Advertisement Story continues below This advertisement has not loaded yet, but your article continues below. Try refreshing your browser, or Erin O'Toole's plan to revive Northern Gateway could run up against risk-averse oilpatch Back to video Prime Minister Justin Trudeau cancelled Calgary-based Enbridge Inc.’s Northern Gateway project in 2016 and implemented a ban on oil tankers along the northern stretch of British Columbia’s West Coast — effectively killing hopes of a building a replacement project. Enbridge declined to comment on whether it would revive the Northern Gateway pipeline. But the Conservative Party’s hopes of reviving the long-cancelled, West Coast-bound Northern Gateway pipeline could stall in Calgary’s newly risk-averse oilpatch, which has watched multiple proposed pipeline projects cancelled in recent years.

Source: National Post September 01, 2021 09:00 UTC