Alberta Pitches New Pipeline to Boost Oil Exports to Asia

Alberta will spearhead an effort to build a new oil pipeline to the Pacific coast, a project that would allow Canada to more than double its shipments of crude to Asian markets.

The government of the western Canadian province will act as the proponent of a pipeline to carry as many as 1 million barrels a day from its vast oil reserves to tankers in British Columbia. If the project is approved, Alberta intends to seek private capital to own it.