VANCOUVER – The president of the Northern Gateway pipeline says the possibility of a 2018 start-up date is “quickly evaporating.”
John Carruthers says the company planning to build the project, Enbridge Inc. (TSX:ENB), is focused on getting support from First Nations groups along the pipeline’s route through British Columbia.
He told a Calgary business audience that the process of “re-engagement” with First Nations will take time and he’s not too fussed about keeping to a schedule.
Northern Gateway, which has been in the works for six years, received regulatory approval in June, but the company has said it’s not in a rush to put shovels in the ground.
In addition to discussions with First Nations, Enbridge is also in the process of pinning down a new cost estimate and working through 209 conditions imposed with the regulatory approval.
If built, Northern Gateway would ship 525,000 barrels per day of diluted oilsands…
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