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Alberta Sees Canada Approval of Gateway Pipeline: McQueen

Alberta Energy Minister Diana McQueen said she expects Canada’s government to approve the Northern Gateway pipeline this month, putting crude producers a step closer to easing bottlenecks that are suppressing prices.

“We’re very optimistic that Gateway will be approved by the federal government,” McQueen said today in an interview at Bloomberg headquarters in New York. “It’s a very important pipe for us in Alberta but certainly nationally as well.”