Enbridge CEO Says He’s Open to New Canadian West Coast Oil Pipeline

Greg EbelPhotographer: Aaron M. Sprecher/Bloomberg

Pipeline operator Enbridge Inc. hasn’t ruled out helping build a new oil pipeline from Alberta to the British Columbia coast under the right regulatory conditions, the company’s top executive said.

Alberta’s government is proposing a new oil pipeline with a capacity of 1 million barrels a day, and has received early support from the Canadian government for the project. Alberta Premier Danielle Smith has said her government is getting the process started, but private-sector operators need to step up over the long run.