Canada's Northern Gateway Project Wins Approval, Faces More Hurdles

SUGAR LAND--July 22, 2014--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The Canadian federal government on June 17 approved the Northern Gateway Project, a $6.1 billion crude oil and condensate pipeline and marine terminal that is being developed by Enbridge Incorporated (NYSE:ENB) (Calgary, Alberta). The approval, which was widely expected, does not mean dirt is ready to be turned on the project: Before construction permits can be issued, Northern Gateway must fulfill 209 specific conditions established by the national government, as well as five additional conditions set by British Columbia Premier Christy Clark. Within this article: Details on Northern Gateway Project by Enbridge (NYSE:ENB), including capacities, locations.