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Monday, February 10, 2014

Canadian Oil Companies Talk Up Potential Contracts With Ohio Manufacturers

From WKSU News:
There were a lot of jokes about the weather Wednesday when about 90 Ohio business officials met with representatives of a half dozen Canadian oil companies. The business-to-business forum was organized so that Ohio manufacturers might win some contracts with the companies extracting oil from northern Alberta tar sands. But as WKSU’s Mark Urycki reports, the Canadians also see some political expedience in the collaboration. 
With all the oil and gas production ramping up in Ohio’s Utica shale, local companies don’t usually think about making pipes or equipment for Alberta. But Alberta envoy David Manning says they are interested in working with Ohio companies. 
"This is a very sophisticated technology-driven industrial base. The companies here know how to work in adverse climates. You have a grasp of energy issues – the Utica shale is another good example. You have a lot of energy infrastructure.”
Manning and some other representatives from Canada admit that doing business across the border will also "growing a constituency" here. And that might soften American opposition to the proposed Keystone XL pipeline  that would run from Canada to Nebraska. Pipeline owner TransCanada came to Cleveland to talk about business opportunities. Their supply chain manager, Daryl Sandquist says they’ve already bought the pipes they need for Keystone but they will be in the market for help with an even longer pipeline from Alberta to New Brunswick on the east coast.



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