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Mackenzie gas job in Canada's Northwest Territories obtains extended target date

The long-planned as well as regularly postponed Mackenzie Gas Project, a C$ 16 billion ($21.21 billion) pipeline that would lug 1.2 Bcf/d from the gas-rich Mackenzie Delta in Canada's Northwest Territories to pipelines in north Alberta, was offered a life extension Thursday.

In a news, Canada's National Power Board said it would expand the sunset clauses for the job designers up until December 31, 2022.

The job developers, led by Imperial Oil, last summer season had asked for an extension of a December 2015 target date for a job investment decision.

In a letter to the programmers, the NEB stated the task "is still in the general public passion" which the original problems connected to the task will certainly need that it be made, created as well as run in a way that is secure as well as protects the setting.

The job is a joint venture of Imperial, Covering, ConocoPhillips, ExxonMobil as well as the Aboriginal Pipeline Team. The proposed 1,842-km (1,144-mile) pipeline is designed to carry 1.2 Bcf/d from the gas-rich Mackenzie Delta near the Beaufort Sea south with the Northwest Territories to link with pipes in northern Alberta.

Supporters of the job still deal with several difficulties, not the least of which is building a significant gas pipeline to bring gas right into markets already awash with the result of shale plays.

Imperial asked the NEB to extend the sundown provisions on August 20, 2015. On November 9, NEB extended the sunset clauses to September 30, 2016 so it could think about the application.

Also in biocides , the board and Federal government of the Northwest Territories Regulatory Authority of Oil and also Gas Procedures coordinated their particular testimonials as well as welcomed the general public to submit their comments on the asked for expansions.

The board received remarks from 14 teams and people, mainly in support of the application. 4 of the parties opposed the extension.

The extension to the sundown provision for the Mackenzie Valley Pipeline will certainly not enter into impact till it is approved by the Canadian federal government.

A representative of Imperial Oil did not promptly return a call for comment.
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