One of objections having been raised about the Northern Gateway line is that pipelining bitumen is more
risky than pipelining other products.
Not exact matches
Even then the project was huge and
risky — an $ 11 billion terminal and a $ 7 billion
pipeline to a still - developing gas play banking on the hope that the extraction, shipping, and liquefaction costs would combine to be less
than global LNG prices and allow a return on investment.
You don't need to look much further
than the years of delays on the Keystone XL
pipeline to see that governments are starting to second guess these big cash layouts on climate -
risky projects.
Of course, calling tar - sands
pipelines no
riskier than other oil
pipelines isn't exactly a huge comfort.