An expert panel report, tabled this week, on Canada’s National Energy Board “modernization” could help streamline the country’s pipeline review process.
Major changes are coming to the Canadian energy regulator if the recommendations of an expert panel are accepted. Pipeline operators and the Alberta-based oil and gas industry—which is desperately seeking increased market access as oil sands production booms—stand to be the big winners.
The report, tabled May 15 by the five-member panel, suggests replacing the National Energy Board with a more focused regulatory body called the Canadian Energy Transmission Agency (CETA), which would review and license all inter-provincial or international energy infrastructure projects.
Jim Carr, the natural resources minister responsible for the NEB, said years of bitter disputes over two British Columbia pipeline projects—Enbridge’s Northern Gateway and Kinder Morgan’s Trans Mountain Expansion—have broken the NEB review process and destroyed the Canadian public’s trust in the regulator.