SOURCE: Industrial Info Resources

Industrial Info Resources

January 03, 2013 06:20 ET

Northern Gateway Pipeline Eyes Mid-2014 Decision From Canadian Government, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jan 3, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- One year down, and 18 months to go; that's the timeline for the Canadian government to reach a decision on the proposed Northern Gateway crude-oil pipeline system, a 2,000-mile, $6.5 billion project being developed by Enbridge Incorporated (NYSE:ENB) (Calgary, Alberta, Canada). Canada has large deposits of heavy oil in Alberta, and it wants to export some of that to oil-hungry Asian markets.

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