Canadian Prosperity Project

From Global Energy Monitor
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.
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Canadian Prosperity Project, also known as CP3, is a proposed oil pipeline project in Canada.[1][2]

Location

The pipeline is proposed to run from Hardisty, Alberta to Saint John, New Brunswick, Canada.[1] It would pass through Saskatchewan, Manitoba, Ontario, and Quebec en route to a marine tanker terminal in New Brunswick.[2]

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Project details

  • Operator:
  • Owner: Canadian Prosperity Pipelines Corporation[1]
  • Parent company: Canadian Prosperity Pipelines Corporation[1]
  • Capacity: 1.1 million barrels per day[1]
  • Length: 4800 kilometers[1]
  • Diameter:
  • Status: Shelved
  • Start year: 2030
  • Cost: CAN$24 billion[1] (including marine terminal facilities)
  • Financing:
  • Associated infrastructure:

Background

The project was proposed in late 2019 on the heels of the cancelled Energy East Oil Pipeline.[2]

As of early 2022, the developer's old website (canp3.com) was not being maintained, and no development had been reported on the project for over two years. As a result, it is considered shelved as of 2021.

In addition, the developer's website now redirects to ProsperUnity, a "new transportation and communication corridor across Canada" that appears to embrace "clean" and "renewable" energy.[3]

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 "Small company keeps hope of west-east Canadian pipeline alive". Canadian Energy Centre. Retrieved 2022-04-21.
  2. 2.0 2.1 2.2 "New pipeline project seeks to succeed where Energy East failed - Context Magazine by CAPP". CAPP. Retrieved 2022-04-21.
  3. "ProsperUnity". ProsperUnity. Retrieved 2022-04-21.

Related GEM.wiki articles

External resources

External articles