Enbridge CEO to Tap Canadian Oil-Sands Support for Gateway Pipe
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Enbridge Inc. Chief Executive Officer Pat Daniel is counting on Canadians’ support for ending the nation’s reliance on U.S. markets to boost the company’s chances of building its proposed Northern Gateway pipeline.
“A recent poll shows that a vast majority of Canadians believe we need to broaden out our market dependence,” Daniel said at the company’s annual shareholder meeting in Toronto today. The pipeline, which would transport crude from Alberta’s oil-sands projects to the Pacific Coast, is necessary to expand access for Canada’s most valuable exports to new markets, including Asia, he said.