Five energy companies reveal backing for Northern Gateway pipeline

Five major energy companies have filed documents with the Northern Gateway Joint Review Panel saying they are backing the pipeline project in one way or another

Cenovus Energy Inc., which runs the condensate operation at the old Methanex site in Kitimat and MEG are funding participants, that is they are investing in the pipeline.

MEG and Cenovus have also signed a precedent agreement, meaning that the company will transport diluted bitumen along the pipeline. Other companies signing the precedent agreement are Suncor Energy, Nexen Inc., and Total E&P Canada.

The Chinese state oil company Sinopec announced earlier it was one of the pipeline funding participants.

In October, Enbreige spokesman Paul Stanway said that ten companies have contributed $10 million each to help Enbridge finance the regulatory approval process, meaning that four backers remain to be revealed.

This is likely to happen before the hearings open at the Haisla Recreation Centre, at Kitamaat Village, on Tuesday January 10.