Cenovus CEO: Trudeau, Mulcair oppose Northern Gateway for "political gain"

|About: Cenovus Energy, Inc. (CVE)|By:, SA News Editor

Cenovus Energy (CVE -0.8%) CEO Brian Ferguson raps Liberal Party leader Justin Trudeau and NDP leader Thomas Mulcair for opposing the proposed Northern Gateway (ENB) pipeline for "political gain."

"What they are saying [about] the most scrutinized project that we ever had the National Energy Board look at [is that] they would chose to ignore this very stringent regulatory process for what I think is their own political gain,” Ferguson says.

Ferguson, whose company is one of Northern Gateway's funding partners, says shippers remain supportive and will follow up with more specific commitments in the future.