• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Natural Resources minister says new pipelines the answer to oil price problems

November 14, 20182:16 PM The Canadian Press0 Comments

CALGARY – Natural Resources Minister Amarjeet Sohi says he shares Albertan’s “frustration” at billions of dollars being lost to the Canadian economy due to oil price discounts linked to export pipeline capacity constraints.

But he says Ottawa is focused on finding long-term solutions by getting approval for new export pipelines such as the Trans Mountain pipeline expansion project it bought in August and by pursuing Bill C-69 to reform the National Energy Board.

Following a speech at an Energy Council of Canada forum in downtown Calgary, Sohi told reporters the key to building pipelines is building trust in regulatory processes and engaging affected parties early on so that approvals aren’t overturned, as was the case with Trans Mountain.

The judge that overturned that project’s NEB approval cited a lack of meaningful consultations with Indigenous people and failure to consider marine environmental impacts.

An NEB reconsideration of the identified issues is expected to conclude by February but Sohi said he won’t put a deadline on new Indigenous consultations now underway.

Asked about an Alberta request in October for the federal government to support crude-by-rail shipments, Sohi said the Alberta request is being examined by his department but he hasn’t actually seen it.

“My administration has been engaging with the province of Alberta, their officials and the officials from other provinces to explore options, options that can work, options that are practical to implement and options that will actually give us the ability to transport Alberta resources in a way that needs to be done,” he said.

“Those are short-term solutions but the long-term solution is making sure pipeline capacity is expanded.”

Asked then what options are being considered, he said: “I don’t know what those options are. Officials are engaging with the provincial officials.”

Trans Mountain Pipeline

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • STEP Energy Services Ltd. Announces Commencement of Sending and Filing of Circular for Special Meeting of Shareholders to Approve Arrangement
  • Greenfire Resources Announces Intent to Conduct C$300 Million Rights Offering
  • Greenfire Resources Announces Third Quarter 2025 Results, Operational Update, 2026 Guidance, and Refinancing Initiatives
  • Panama Canal bets on LPG transits to offset world trade slowdown next year
  • Saudi Crown Prince bin Salman will visit Trump on Nov 18, White House official says

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.