Canada's Harper Says Mackenzie Pipeline to `Come to Fruition'

Canada's Harper Says Mackenzie Pipeline to `Come to Fruition'

By Theophilos Argitis and Alexandre Deslongchamps

Aug. 27 (Bloomberg) -- Canadian Prime Minister Stephen Harper said he is ``optimistic'' Imperial Oil Ltd.'s Mackenzie pipeline project will ``come to fruition.''

``I am optimistic that in the not-too-distant future this project will come to fruition,'' Harper told reporters today in the village of Tuktoyaktuk on the shores of the Arctic Ocean.

The proposed 1,220-kilometer (758-mile) Mackenzie project would carry 1.2 billion cubic feet of gas a day from Canada's Northwest Territories, delivering it to customers by connecting to the North American pipeline system in northern Alberta.

Harper also said his cabinet has had ``extensive discussions'' on the project.

To contact the reporter on this story: Theophilos Argitis in Inuvik, Northwest Territories, at targitis@bloomberg.net; Alexandre Deslongchamps in Ottawa at adeslongcham@bloomberg.net.
Last Updated: August 27, 2008 13:08 EDT

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