Another oil pipeline through B.C. sees renewed interest as Enbridge CEO weighs in


There appears to be renewed interest in the creation of another oil pipeline running through B.C.

The war in Iran is driving down the world supply of oil and countries are scrambling to find alternative sources, so the Trans Mountain Pipeline between Edmonton and Burnaby is operating at full tilt and could be at full capacity by April.

“People are looking for where can I get a little more supply, so that’s part of the reason why we see April basically at capacity,” TMX CEO Mark Maki told Global News over the phone on Thursday.

The surge in demand is further fuelling plans to speed up the expansion of Trans Mountain’s capacity and sparking new calls to build a new pipeline to move oil from Alberta to the B.C. coast.

“When we look at the data, we need to have more capacity and infrastructure to transport Canadian exploration,” Gabriel Giguere, a senior policy analyst with the MEI Institute, said.

Story continues below advertisement

However, B.C.’s NDP government has long argued that with no private investor, another oil pipeline is a non-starter.

Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.

Get daily National news

Get daily Canada news delivered to your inbox so you’ll never miss the day’s top stories.

“They haven’t got a proponent, it’s a very expensive proposal and there are dramatically cheaper alternatives,” B.C.’s Minister of Energy and Climate Solutions Adrian Dix said.

However, Greg Ebel, CEO of Canadian pipeline giant Enbridge, said on Bloomberg Television that the investment climate is not there yet, but it is starting to clear up.

When asked if the Alberta pipeline would be a “hard no,” Ebel said he wouldn’t draw that line.

“What I would say is that the conditions don’t yet exist for that pipeline to be built,” he said. “If my customers get the green light to produce, Enbridge is the largest mover of oil in North America and is going to be there.”


Click to play video: 'Carney, Alberta Premier Smith sign pipeline deal opening door to changing B.C. tanker ban'


Carney, Alberta Premier Smith sign pipeline deal opening door to changing B.C. tanker ban



B.C.’s Coastal First Nations said late last year that they will use “every tool in their toolbox” to keep oil tankers out of the northern coastal waters.

Story continues below advertisement

Marilyn Slett, president of the Coastal First Nations – Great Bear Initiative and elected Chief of the Heiltsuk Nation, said in a statement at the time that this pipeline is “nothing more than a pipe dream.”

In November, Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a memorandum of understanding that commits them to working toward building an oil pipeline to the West Coast.

B.C. Premier David Eby said the B.C. government needs to make sure this pipeline project doesn’t become an “energy vampire.”

Smith said she plans to submit a proposal to the federal government in June for a new pipeline to B.C.’s coast.

–with files from Ben O’Hara Byrne

&copy 2026 Global News, a division of Corus Entertainment Inc.



Source link

  • Related Posts

    George Brown college files 'mass termination' notice in face of steep drop in enrolment

    The Toronto college has indicated it is laying off 22 hourly and 29 salaried employees amid budget pressures. Source link

    Sora, OpenAI’s generative video app, is history. Here’s what that means for the firm’s future

    Just six months ago, OpenAI was touting the latest version of its generative AI video model Sora as “the beginning of a completely new era” for creators, one it said…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    The global food crisis unleashed by the war

    George Brown college files 'mass termination' notice in face of steep drop in enrolment

    George Brown college files 'mass termination' notice in face of steep drop in enrolment

    Pig who ‘talks’ using buttons gets Guinness World Record for his viral fame

    Pig who ‘talks’ using buttons gets Guinness World Record for his viral fame

    Where Might the Iran War Hit Your Wallet? Start With Raspberries.

    Apple will reportedly allow other AI chatbots to plug into Siri

    Apple will reportedly allow other AI chatbots to plug into Siri

    I Can Save $688 on 17 of the Best Spring Beauty Products RN

    I Can Save $688 on 17 of the Best Spring Beauty Products RN