Image: LN24’INT
Canadian Prime Minister Mark Carney has announced plans to fast-track regulatory approval for the proposed Pacific Link crude oil pipeline, aimed at reducing Canada’s reliance on the U.S. market and expanding exports to Asia.
Carney says 90% of Alberta’s oil currently goes to the United States. The proposed pipeline could enable an additional ONE MILLION BARRELS A DAY to reach Asian markets.
The Canadian government estimates the project could generate MORE THAN $14 BILLION ANNUALLY IN GDP.
CANADA IS LOOKING BEYOND THE U.S. TO SECURE NEW ENERGY MARKETS.
Get the latest news of our Loveworld News from our Johannesburg Stations and News Station South Africa, LN24International
Subtitle
Related Posts
Some description text for this item