CALGARY, Jan. 10, 2012 /CNW/ - The Canadian Energy Pipeline Association
agrees with the Federal Minister of Natural Resources' call for federal
CEPA President Dr. Brenda Kenny stated that on behalf of an association
representing companies planning to invest multi-billion dollars in
pipeline projects, reforms that will improve federal project review
process are welcomed and needed.
CEPA and its member companies have been strong advocates of regulatory
reforms. We have encouraged changes that ensure private sector
investment and job creation can proceed in a timely manner through an
efficient, predictable, and fair regulatory process while providing
more effective environmental protection and Crown consultation.
Timely decisions for pipeline development projects are critical to
Canada's ability to attract capital investment to build pipeline
infrastructure and capture energy trade opportunities. Pipeline
projects create broad economic and social benefits to Canadians.
Instituting process timelines, eliminating duplication of processes,
and improving coordination between government agencies will improve
Canada's competitiveness vis-à-vis other energy trading nations while
ensuring strong environmental protection and transparency of process.
The Canadian Energy Pipeline Association (CEPA) represents Canada's
transmission pipeline companies who operate more than 100,000
kilometres of pipeline in Canada and the United States. These energy
highways move approximately 1.2 billion barrels of liquid petroleum
products and 5.5 trillion cubic feet of natural gas each year. Our
members transport 97 per cent of Canada's daily crude oil and natural
gas from producing regions to markets throughout North America.
SOURCE Canadian Energy Pipeline Association
For further information:
For additional information on the Canadian pipeline industry, please visit our website: www.cepa.com
For media inquiries, please contact:
Philippe Reicher, VP, Communications