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Canada offers billions for pipeline


Published Jan 20, 2009
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The Government of Canada has said it is willing to share the cost and rewards of a 1,200-kilometre pipeline to bring Arctic gas to markets in the south, the so-called Mackenzie Northern Gas Pipeline project.

Environment Minister Jim Prentice was quoted by broadcaster CBC saying he supported the pipeline and offered “a contibution to infrastructure and pre-construction costs” for the multi-billion-dollar trunkline.

ConocoPhillips, Imperial Oil Ltd., ExxonMobil and Shell are in consortium with the Aboriginal Pipeline Group to bring arctic gas from the Northwest Territories to oil province Alberta in the south.

Tags: ConocoPhillips, ExxonMobil, Shell, TransCanada Corporation




   

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