Alberta announces new efforts to expand oil and gas pipeline capacity with Enbridge.
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It's all part of the Conservative government's united efforts to double oil production and increase exports to the U.S.
Danielle Smith with Greg Ebel
Premier Danielle Smith and Enbridge Inc. CEO Greg Ebel shared details of a formal working agreement to increase pipeline capacity in pursuit of their goal of doubling crude oil production and increasing exports to the U.S. in Calgary.
The Alberta government is partnering with Calgary-based pipeline company Enbridge Inc. to increase the capacity of the province's oil and gas pipelines.
The agreement will begin with a new formal working group between Enbridge and the Alberta Petroleum Marketing Commission, a crown corporation.
Premier Danielle Smith said they are focusing on streamlining regulations and permitting approvals, and expanding opportunities along Enbridge's 29,000-kilometre network. It's all part of her Conservative-led government's efforts to double oil production and increase exports to the United States.
Instead of investing taxpayer money directly into pipeline projects, Smith said, the province will look to provide capacity using oil and gas paid in-kind to the government instead of financial royalties.
She says the province has a responsibility to ensure market access for its oil and natural gas, noting that Alberta exports more than 4.3 million barrels of crude oil to the United States.