October 18-25, 2004

Proponents apply for main Mackenzie Gas project approvals

CALGARY, ALTA-Applications for the main regulatory approvals required for the Mackenzie Gas project have been submitted by the project co-venturers to the boards, panels and agencies responsible for assessing and regulating energy developments in the Northwest Territories. The partners include: Imperial Oil Resources, ConocoPhillips Canada, Shell Canada, ExxonMobil Canada and the Aboriginal Pipeline Group (APG). Approvals are being sought for: development plans for the Taglu, Parsons Lake and Niglintgak gas fields; construction of the gas and natural gas liquids gathering system pipelines and related facilities; and a Certificate of Public Convenience and Necessity for a Mackenzie Valley natural gas pipeline. These applications are supported by an Environmental Impact Statement (EIS), which assesses the potential socio-economic and environmental impacts of all components of the proposed development. The co-ordinated environmental and regulatory review process is expected to include a series of public hearings. The initial cost of the three anchor field developments, gas and natural-gas liquids gathering system pipelines and related facilities, and the Mackenzie Valley natural gas pipeline is estimated at approximately $7 billion (Cdn.) for a system with initial design capacity of 1.2 billion cubic feet per day; it would be expandable to accommodate gas from other fields in the future. More information is available at www.mackenziegasproject.com.
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