Canadian energy firm Enbridge Inc hopes to capitalise of the uncertainty facing competitors’ pipelines to gain market share.
Speaking at an investors event in Toronto, Enbridge executive vice president Guy Jarvis did not name the rivals, saying only that customers still seek capacity amid the “lingering uncertainty around when and even if competing pipelines will ever come online.”
An election in British Columbia last month has complicated Kinder Morgan Inc’s Trans Mountain pipeline expansion, with the two parties set to take power vowing to block the project.
TransCanada’s Keystone XL pipeline project through the United States has presidential approval, but still needs permission from the state of Nebraska.
The company’s Energy East project to Canada’s Atlantic coast had been mired in controversy, its regulatory review process suspended.