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Shipping Landlocked Alberta Oil North an Option, NWT Says

Feb 5, 2013
(Houston Chronicle)

Alberta’s landlocked oil producers facing pipeline bottlenecks to the south, west and east are welcome to ship their product north, according to Northwest Territories leader Bob McLeod.

McLeod, 60, said the territorial government would consider proposals to ship crude from Alberta oil sands producers, which include Suncor (SU) Energy Inc. and Canadian Natural Resources, to the Arctic. The territory would consider piggybacking on any new infrastructure to ship its own oil and gas, he said.

“If somebody comes forward with a proposal to go north, we would assess it like any other project,” McLeod said in an interview at Bloomberg’s offices in Ottawa. “If it goes through, we would be able to export our oil and gas as well.”