National Energy Board to hear final arguments on Mackenzie pipeline in April

The Canadian Press ~ The News
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CALGARY - The National Energy Board says it will hear final arguments on the Mackenzie Gas Project beginning April 12 in Yellowknife.
The regulatory process for the 1,200-kilometre, $16.2-billion natural gas pipeline through the Northwest Territories has been going on for years. Most recently, a federally appointed panel weighing the environmental and socio-economic effects of the Mackenzie pipeline handed down a years-overdue report last week.
The seven-member Joint Review Panel, appointed by the federal government in 2004, said the pipeline should go ahead - on the condition all of its 176 recommendations are met.
Even once the energy board makes its decision, there are still several hurdles that will need to be cleared before construction can begin, and there is no guarantee the pipeline will ever be built.
During the final argument phase, each applicant or intervener in the hearing process will have the chance to make their case to the energy board. One this is complete, the energy board said it will release its final decision on the pipeline.
The energy board first began hearing evidence in January 2006 on five applications filed by the Mackenzie Valley Aboriginal Pipeline Limited Partnership, Imperial Oil Ltd. (TSX:IMO), ConocoPhillips (NYSE:COP), Royal Dutch Shell PLC (NYSE:RDS) and ExxonMobil Corp. (NYSE:XOM).

Organizations: National Energy Board, NYSE, Mackenzie Valley Aboriginal Pipeline Limited Partnership Imperial Oil Ltd. TSX ConocoPhillips Royal Dutch Shell PLC ExxonMobil

Geographic location: CALGARY, Yellowknife, Northwest Territories

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