The president of the Canadian Energy Pipeline Association has said that the oil and gas pipeline industry in Canada is at a “critical juncture” and may need less regulation and more projects to survive.
North America is facing a “once-in-a-generation” opportunity to build the pipelines of the future, Brenda Kenny said in a statement. She said the continent’s energy security depended on a doubling of pipeline projects.
“Unless timely government decisions are made, many of these projects will face escalating costs and increased uncertainty, and there will be major economic consequences for the entire continent,” Kenny said.
She said public reviews of pipeline planning are being unnecessarily drawn out, just as a doubling of infrastructure investments from the Arctic to the Gulf of Mexico is planned. The organization’s members already account for 97 percent of all throughputs.
Author:
Jo Amey
