Music To My Ears: Enbridge Pipeline In Canada Gaining Traction -- Not a Backken Story

Link here.

Enbridge has found strong commercial support for its proposed $5.5 billion 1,1177-kilometer twin pipeline development project and marine terminal in Canada.

Filing with the Canadian regulator National Energy Board, Enbridge's Northern Gateway Pipelines has signed commercial agreements that fully subscribe for the long-term service and capacity of both the crude oil export pipeline and condensate import pipeline. The Canadian producers and Asian markets have agreed on commercial terms relating to the long-term use of the project.

The Northern Gateway project will build two pipelines from Edmonton, Alberta to a new marine terminal in Kitimat, British Columbia, on Canada's West Coast. Currently under regulatory review, the proposed Northern Gateway project would transport 525,000 barrels a day of oil for export and import 193,000 barrels per day of condensate.