New Pipeline Project Would Cut Across N.E. British Columbia
By 250 News
Friday, June 12, 2009 03:59 AM

Brown line shows route of natural gas pipeline from Alaska to Alberta (map courtesy Alaska alberta pipeline project)
Prince George, B.C. - TransCanada Corporation and ExxonMobil have reached an agreement to work together on an Alaska gas pipeline that will cut across the north east corner of B.C. to link with lines in Alberta.
TransCanada’s Alaska Pipeline Project is designed to deliver a reliable and secure source of clean energy to U.S.markets.
The forecasted cost of the project is $26 billion US. The company says the line would present benefits to Alaska , Canada and the lower 48 States of the U.S, including substantial revenues, jobs, business opportunities and new, long-term stable supplies of natural gas.
“TransCanada’s Alaska Pipeline Project will connect Alaska’s natural gas resource to new markets. We are pleased that TransCanada and ExxonMobil have reached agreement on initial project terms to progress this exciting initiative,” said Hal Kvisle, TransCanada president and chief executive officer. “TransCanada envisions that our combined activities with ExxonMobil, along with the support of the State of Alaska, the U.S. and Canadian governments, and other interested parties, will result in the timely completion of the project.”
The project calls for a pipeline from Prudhoe Bay in Alaska to Boundary Lake in Alberta that is 2737 km long (1700 miles). Of that length, 723 km will be in B.C.
The 48 inch pipeline will carry 4.5 billion cubic feet per day of natural gas.
TransCanada has moved forward with project development, which includes engineering, environmental reviews, Alaska Native and Canadian Aboriginal engagement, and commercial work to conclude an initial binding open season by July 2010.
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