A federal review panel says the proposed $7.9-bilion Northern Gateway pipeline project should go ahead if more than 200 conditions are met.
A National Energy Board review panel released its report into the proposed project Thursday afternoon, after months of public hearings.
The 429-page report included some 209 conditions that Calgary-based Enbridge must meet in order to build the pipeline.
The nearly 1,200-kilometre pipeline would carry Alberta oil from Bruderheim, Alta., to a port in Kitimat in northern B.C., where it can be loaded onto tankers and shipped to markets in Asia.
The pipeline would carry 525,000 barrels of oil a day from Alberta to B.C. The report estimated the project’s cost at $7.9 billion, up from $6.5 billion.
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.