Home » BLOG » Alberta energy minister links Trans Mountain pipeline support for Site C dam electricity
marg-mccuaig-boyd.jpg

Alberta energy minister links Trans Mountain pipeline support for Site C dam electricity

CALGARY C Alberta’s energy minister linked British Columbia’s support for the Trans Mountain pipeline expansion to Alberta’s support for any B.C. Hydro electric dam throughout a speech Tuesday.

Minister Marg McCuaig-Boyd said it is possible for pipeline giant Kinder Morgan Inc. to deal with British Columbia’s concerns over its intend to expand a pipeline network between Alberta and metro Vancouver to hold an additional 590,000 barrels of oil each day in an estimated price of $5.4 billion.

In exchange, McCuaig-Boyd repeated earlier statements that her province would be available to purchasing electricity from B.C.’s planned Site C hydroelectric project, that is estimated to cost $8.8 billion.

“Both Premier Notley and that i have been clear C if your pipeline to the West Coast cannot be secured to grow our energy markets it’s unlikely we will need to import electricity from British Columbia to power our industry,” McCuaig-Boyd said.

gmorgan@nationalpost.com

Twitter.com/geoffreymorgan

About privatefinancetips

x

Check Also

investors1.jpg

Commodities could be headed for ‘buffalo jump’ as investors rush for the exits, Barclays warns

Commodities including oil and copper are in chance of steep declines as recent advances aren’t ...

ebay.jpg

eBay aims to transform shopping experience to compete with online giants Alibaba, Amazon

TORONTO – EBay, regarded in the early days as an endless repository for Beanie babies ...

kinross.jpg

Kinross study results should be ‘constructive step forward’ for Tasiast

The Tasiast mine in Mauritania has been a giant black cloud over Kinross Gold Corp. ...