Alberta seeks to de-risk oil, gas pipeline investments in wake of Trump victory [Video]

Alberta’s government is looking for ways to encourage pipeline companies to boost capacity and increase the province’s oil and gas export volumes to the United States.

But Premier Danielle Smith said her government is not interested in directly subsidizing a cross-border pipeline project, preferring instead to find ways to “de-risk” a potential private sector investment.

“We’re looking to make connections with the United States, to see their appetite for assisting in helping to get more product going into the United States,” Smith told reporters Monday at an event in Leduc County at the site of the Leduc #1 oil discovery.

“Maybe de-risking the project involves having an American partner, an American pipeline company, partner with our companies here,” she added.

Canada’s main oil-and-gas producing province is keen to expand its pipeline access to the U.S. in the wake of Donald Trump’s presidential election victory.

Trump has been a vocal supporter …