Alberta, Ontario propose new 2 050-mile Canada oil pipeline
Alberta and Ontario on Monday proposed a new 2 050-mile (3 300 km) crude oil pipeline between the two Canadian provinces that they said would initially move 500 000 barrels per day (bpd) and reduce reliance on foreign markets.
The proposed pipeline would run from Hardisty, Alberta, to refineries in Sarnia, Ontario, and could eventually move 800 000 bpd, the provinces said in a release.
The two provinces said a feasibility study should be ready by the end of the year but made no mention of who would build the pipeline. Such projects usually require a private proponent.
Ontario also said it was exploring pipeline extensions to new and existing ports.
Canada last week announced plans to build a new one-million-bpd oil pipeline from Alberta to the Pacific coast. No cost estimates have been released for the pipeline, which will be built by government-owned Trans Mountain Corp in coordination with Pembina Pipeline Corp.