• After being shelved in late 2006, Enbridge's proposed $4.2 billion Gateway project has begun to regain momentum. The company says it has raised $100 million from Western Canadian producers and key Asian refiners to assist in getting the project through the regulatory process. Enbridge intends to file a regulatory application in the first three months of 2009, and hopes to have the pipeline in service by 2014. The project involves the construction of two parellel pipelines, one pipeline which would deliver oil from the Alberta oil sands via Edmonton to Kitimat, British Columbia, where it could be shipped to Asia or the U.S. West Coast, and the second pipeline which would flow in the opposite direction delivering condensate, needed for oil sands production, from Kitimat to Alberta. The project was shelved in late 2006 when Enbridge moved its focus to expanding pipeline capacity to the U.S.