ASIA

Canadians plan export pipeline for Japanese markets

A report in the Japanese media indicates a Canadian consortium, led by Enbridge Inc, has announce...

According to the Nikkei English News, “Enbridge has begun discussing with Japanese trading companies and oil companies whether they will invest in the C$2.5 billion (US$1.89 billion) project linking the oil-producing area of Edmonton, Alberta, with Canada’s west coast and buy its oil.”

“The Canadian companies plan to start building the 75 cm diameter pipeline in 2007 and begin transporting 400,000 barrels a day of oil by the end of 2009,” added the report.

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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