Delays raise cost of Alliance pipeline

Article Abstract:

Alliance Pipeline Ltd. sees increased cost in its pipeline construction project due to delays in the project. The delays, which were primarily caused by regulatory hearing proceedings, have increased the project's cost by over 5% to C$4-billion. However, the company said that it will still proceed with its plan to start construction as early as January 1999. According to the company's CEO, Dennis Cornelson, once the project starts operating in October 2000, the company will generate a cash flow of more than C$200-million annually.

Comment:

Sees increased cost in its pipeline construction project due to delays in the project

Pipeline Construction, Capital expenditures, Article, Alliance Pipeline L.P.

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NWT natives seeking Hibernia-style pipeline funding

Article Abstract:

The Gwich'n Tribal Council is urging the Canadian government to provide funding for the construction of an Artic gas pipeline. The pipeline, which has the support of Native Americans in the Northwest Territories, may be funded through Hibernia-style government subsidies.

Water, sewer, and utility lines, Gas Pipelines Construction, Native Americans NEC, Construction industry, Finance, Gas transmission industry, Gas pipeline construction, Northwest Territories

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Ottawa gives natives pipeline lift

Article Abstract:

Robert Nault, the Canadian Indian and Northern Affairs Minister, is reviewing the proposed Mackenzie Delta pipeline project. Canadian natives, represented by the Aboriginal Pipeline Group, are seeking a one-third equity stake in the project.

Crude petroleum pipelines, Crude Oil Pipelines, Pipeline Transportation of Crude Oil, Economic aspects, Petroleum pipelines, Nault, Robert, Canada. Indian and Northern Affairs Canada

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