TransCanada’s Energy East pipeline project is still delayed, despite oil intended to be flowing through the line this year.
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"Energy East delay reviewed at recent ministers’ meeting"
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The 4500 km pipeline project was put on hold last year, after the National Energy Board (NEB) was accused of conflicts of interest following its reviewal processes.
While new hearings for Energy East have not been scheduled, the federal government has recently appointed new NEB members who will oversee the approval processes for Canadian pipeline projects. Additionally, the NEB is finalising the structure of how the new hearings will be.
Jim Carr, Natural Resources Minister, explained that the federal government has “given the NEB the resources it needs. We have appointed new commissioners. They're in their midst now, we'll wait until they make their recommendations. That's restoring confidence among Canadians that the process is working."
Yet, many energy ministers are unsure as to when the process will restart. Saskatchewa Energy Minister, Dustin Duncan, explained that although there is money being fed back into the global energy industry, in Canada, there is still approximately CAN$100 billion yet to be reinvested.
Duncan stated: "Energy East is an important project and we need to get this process moving."
Read the article online at: https://www.worldpipelines.com/project-news/21082017/energy-east-delay-reviewed-at-recent-ministers-meeting/