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Kinder Morgan may still offer pipeline ownership to Indigenous groups – CBC
by ahnationtalk onJune 15, 201772 Views
CEO says he tried to strike a deal for an equity stake in the Trans Mountain expansion project
Jun 15, 2017
The chief executive of Kinder Morgan Canada said Wednesday he tried behind the scenes to allow Indigenous groups in British Columbia to have an ownership stake in a new multibillion-dollar oil export pipeline, but such a deal never came together.
Ian Anderson was discussing the company’s proposed Trans Mountain expansion project, which would transport oil and other products from Edmonton to Vancouver. Construction is slated to begin in September, although some Indigenous and political leaders want to delay the project.
Some Indigenous leaders have pushed for an ownership stake in major projects as one way of benefiting economically from oil and gas development, something Anderson said he always considered.