Pulse Alternative
Alternative Investments

Canada clears $4 billion sunrise pipeline as first big test of faster approvals


He said Sunrise will increase supply for heating buildings, supply gas for power generation and industrial and manufacturing processes, and ensure enough LNG supply.  

Hodgson said the project will add more than $3bn to Canada’s GDP and support about 2,500 jobs at peak construction. 

According to CBC News, He added that by spring 2027 he expects more projects in the major projects office and at least five to 10 new projects reaching final investment decision or breaking ground. 

Enbridge calls Sunrise “a shovel-ready, critical natural gas infrastructure project that supports the advancement of Canada’s energy superpower ambitions,” in the words of CEO Greg Ebel in the company’s release.  

The company said gas on the Westcoast system heats homes, hospitals, businesses and schools, and supports power generation, industrial activity across BC and global LNG exports.  



Source link

Related posts

XRP Repricing About to Happen? Here’s What This Expert Says

George

Aging population to reshape housing market as downsizing wave builds

George

Gold Futures Streaming Chart – Investing.com

George

Leave a Comment