The bond rating company says credit ratings will decrease for pipeline companies that don’t have access to international markets which could mean higher debt servicing costs, more difficulty signing new deals and an increase in re-contracting risks.
With the stalling, opposition and outright rejection of key projects, it’s clear there are more uphill battles to endure to get pipelines approved so we can transport hydrocarbons for the benefit of Canadians across the country.
No comments:
Post a Comment