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Canada's Pipeline Plan Attracts Middle Eastern, Asian Interest, Alberta Premier Says
Alberta aims to diversify export markets by attracting Middle Eastern and Asian investors for a one-million-barrel-per-day pipeline with potential private-sector financing.
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Canada’s pipeline plan attracts Middle Eastern, Asian interest, Alberta premier says
Middle Eastern and Asian investors have expressed early-stage interest in a potential new crude oil pipeline in Canada and could become minority owners if such a project goes ahead, Alberta Premier Danielle Smith said on Monday.
·Canada
Read Full ArticleAlberta Premier Signals Middle Eastern and Asian Interest in New Canadian Oil Pipeline
Alberta Premier Danielle Smith revealed on Monday that Middle Eastern and Asian investors are showing early-stage interest in a potential new crude oil pipeline in Canada, with possible minority stakes of 15% to 30% if the project advances. Speaking at the CERAWeek by S&P Global conference in Houston, Smith highlighted Alberta’s exploration of a one million barrel per day pipeline to British Columbia’s northwest coast, aimed at ramping up export…
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