The Alberta government is partnering with Calgary-based pipeline company Enbridge Inc. to increase the province’s oil and gas pipeline capacity.
The agreement is to begin with a new formal working group between Enbridge and the Alberta Petroleum Marketing Commission, a Crown corporation.
Premier Danielle Smith says they will focus on streamlining regulations and permitting approvals, and expanding opportunities along Enbridge’s existing 29,000-kilometre network.
It’s all part of her United Conservative government’s push to double oil production and increase exports to the United States.
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Smith says rather than investing taxpayer dollars directly into pipeline projects, the province will look to guarantee capacity by leveraging oil and gas that is paid in-kind to the government instead of financial royalties.
She says the province has a responsibility to ensure its oil and natural gas has market access, and noted Alberta exports more than 4.3 million barrels per day of crude oil to the U.S.
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