Alberta Fact Check: Naheed Nenshi claims companies won’t invest in pipelines that cross borders. He's wrong

Rebel News

Alberta Fact Check: Naheed Nenshi claims companies won’t invest in pipelines that cross borders. He's wrong

Subhead:Plenty of companies are willing to invest in cross-border pipelines.# In a radio interview on a Northern Alberta radio station , NDP Leader Naheed Nenshi implied companies won’t invest in Alberta energy infrastructure due to the pending independence referendum. He said, “Who is going to invest tens of billions into a pipeline if they don’t know what country that pipeline is in? Or if it has to cross an international border to reach tidewater?” Dozens of companies are willing to invest billions of dollars to build pipelines that cross borders. Currently, there are over 200 major oil and gas pipelines operating or in planning that cross international borders to get products to foreign markets. The Druzhba (Friendship) Pipeline carries 1.2 to 1.4 million barrels per day of oil from Russia and crosses over seven international borders. Those borders have changed many times over the years, but the pipeline has remained in operation. Pipelines can outlast countries in some circumstances.

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