It Ain't Over 'Til It's Over: Enbridge Presses on with Proposed Northern Gateway Pipeline Despite Obstacles
Attachment: newenbridge
SUGAR LAND--May 13, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--All things considered, Enbridge Incorporated (NYSE:ENB) (Calgary, Alberta) Chief Executive Officer Al Monaco seemed remarkably chipper last week regarding the proposed Northern Gateway pipeline. The project, which would move up to 525,000 barrels per day (BBL/day) of crude oil from Alberta to British Columbia's North Coast, continues to face substantial hurdles, including opposition by indigenous tribes and a potential ban on oil tanker traffic along the North Coast.