Impetus builds for arctic natural gas pipeline

Four Canadian majors have launched a 1-year feasibility study to determine the commercial viability of natural gas in Canada's Arctic.The study project is backed by Imperial Oil Ltd., Gulf Canada Resources Ltd., Shell Canada Ltd., and Mobil Canada Ltd. Gulf has been conducting its own internal study for more than a year and says prospects are promising for a gas pipeline. The project revives interest in plans going back almost 25 years to build pipelines to bring gas reserves in the Mackenzie Delta, Beaufort Sea, and Alaskan North Slope to southern markets.Plans were shelved when Canada imposed a 10-year moratorium in 1980 on Mackenzie Valley development, and interest later waned beca...

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