a northern gas pipeline: the big picture
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A Northern Gas Pipeline:A Northern Gas Pipeline:The Big PictureThe Big Picture
Patrick D. Daniel Patrick D. Daniel President & CEO President & CEO
Enbridge Inc. Enbridge Inc.
:
Far North Oil & Gas ConferenceSeptember 20, 2001
The Bottom Line
Project economics must be positive and robust
Political / Social issues must be resolved
Either pipeline route can be effectively constructed and operated
Two routes cannot be developed at the same time
There is also an alternative that can’t be ignored
Enbridge:North and South America
Jose
Northern ExpertiseEnbridge built, and since 1985 has owned and operated the only major pipeline in the NWT.
• Right-of-Way = 869 km (540 mi)• Pump stations = 3• Pumps = 6• Employees = 20• 2000 payroll = $1.5M• 2000 capital investment = $568,000• 2000 property taxes = $1.4M• 2000 power costs = $760,000
Inuvik
Norman Wells
Zama
Norman Wells Crude Oil Pipeline
Northern Expertise
Inuvik
Norman Wells
Zama
Cdn $44 million project:
• Two wells
• Production facility
• 50 kilometre pipeline
• 25 kilometre distribution system
• 500th customer Aug. 2001
Partners:
• Inuvialuit Petroleum Corporation
• AltaGas Services
• Enbridge
Inuvik Gas
Enbridge is involved in the production, processing, transmission and distribution of northern natural gas to the Town of Inuvik.
A Continental Energy Issue
North America is headed for a 30-plus TCF market
No single source will meet growth in demand
Continental decision-making required
Northern gas and WCSB are part of a continental supply solution to a continental demand challenge
The Alternatives
Prudhoe Bay
Fort St. John
Inuvik
Norman Wells
Fort Simpson
W hitehorse
Zama
Fort McMurray
Northern RouteMackenzie Valley Pipeline Southern Route
Edmonton
Anchorage
Yellowknife
Fairbanks
CalgaryVancouver
Pt. Thomson
Hot Topics
Routing
Will two routes go ahead at the same time?
Northern Route is feasible
Pipeline ownership
Regulatory process
Success requires: Continental decision-making Robust project economics Common understanding Cooperation of all stakeholders
The need for a broad perspective.
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