EVRAZ
North America announced Thursday that it welcomes the ruling by the Joint Review Panel, which brings the proposed Enbridge Northern Gateway Project a significant step closer to final approval. After more than two years of intensive study and evaluation, the Panel recommended that the Canadian government give the go ahead to the $6.5 billion pipeline that would stretch from Northern Alberta to the Pacific coast of British Columbia.
“We’re very much looking forward to the chance to bid on this work and the opportunity to see the tubular steel we make at our Canadian operations used in such an important and much-needed energy project,” said EVRAZ
North America President and CEO Conrad Winkler. “This project will help increase Canadian steel production and also contribute to the broader economy in Canada.”
The country's energy industry is a large and growing consumer of Canadian steel, on par with the automotive sector in terms of demand. Energy producers have come to depend on the innovative, high-quality and competitively priced products being manufactured by Canadian steel makers. Those products are the largest single material cost for projects such as the Northern Gateway pipeline, which will cover more than 1,100 kilometers. It is expected to create more than 3,000 construction jobs and 560 long-term jobs in British Columbia.
The Joint Review Panel was struck in 2010 by the National Energy Board to examine and re-port on the feasibility of the proposed Enbridge Northern Gateway Pipeline. The panel's report supported development of the pipeline with 209 conditions.