Friday October 30, 03:23 PM
Exxon continues to work on Mackenzie pipeline
CALGARY, Alberta, Oct 30 (Reuters) - Exxon Mobil Corp (NYSE: XOM - news) continues to work on advancing the C$16.2 billion ($15 billion)
Mackenzie Valley gas pipeline, a senior executive of the U.S. major said on Friday.
Andrew Swiger, senior vice-president at the world's largest publicly traded oil company, said at a Calgary presentation that the company, one of five partners in the planned line to carry natural gas from the Canadian Arctic to southern markets, is still advancing the project.
A newspaper report earlier this week said the Canadian government had turned down a proposed financial assistance package for the pipeline.
($1=$1.08 Canadian)
(Reporting Jeffrey Jones, writing by Scott Haggett; editing by Peter Galloway) Keywords: EXXON/MACKENZIE
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