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Duke Energy: Both arctic pipelines likely to be built

11/11/2002
Both the Alaska natural gas pipeline and the Mackenzie Valley pipeline will be built, with the Mackenzie line likely to go first, says a senior Canadian pipeline executive.Bob Reid, president of Duke Energy Gas Transmission's (DEGT) Canadian unit, told a Ziff Energy Group conference in Calgary Oct. 29 that the demand for new supply will drive pipeline projects. DEGT is a unit of Duke Energy Corp., Charlotte, NC.Reid said the marketplace will decide on the scheduling and sequencing, but both projects will require support from the US market. The DEGT executive said an ownership position in Foothills Pipelines Ltd. and a partnership with TransCanada PipeLines Ltd. will lead to Duke being...
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