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27

Shell, Imperial Oil Delayed Pipeline Work

Canadian oil companies Imperial Oil and Shell Canada said that the proposed $7 billion pipeline...

Canadian oil companies Imperial Oil and Shell Canada said that the proposed $7 billion Mackenzie Valley natural gas pipeline is to delayed once more, and public hearings may not begin until early 2006.
The companies explained in that case the pipeline might not be moving gas south from the Northwest Territories until 2011.

''We had hoped to be well progressed through the hearings by now,'' Ian Kilgour, head of exploration at Shell Canada Ltd. ''I would say 2010 is probably on the optimistic side. It might be 2011.''

In April, project leader Imperial Oil Ltd. halted most work on the line, blaming what it called a slow regulatory process and difficult negotiations for land access in the N.W.T.

Imperial and Shell said Tuesday the progress has been made but the project likely won't be back on track this month, as Imperial had previously suggested.