TORONTO (AP) — The premiers of Alberta and Ontario on Monday proposed a pipeline to carry western Canadian oil to the country’s east, part of Canada ’s push to diversify exports beyond its dominant U.S. market.Alberta Premier Danielle Smith said the proposed 3,300-kilometer (2,050-mile) pipeline would run from Hardisty, Alberta, to Sarnia, Ontario, carrying up to 500,000 barrels of oil a day with potential for up to 800,000 barrels. She said the corridor eventually could extend to Canada’s Atlantic coast, opening the door to oil exports to Europe.The United States is by far the largest buyer of Canada’s crude oil, while Alberta holds one of the world’s largest proven oil reserves.Ontario Premier Doug Ford said the pipeline would be a sound investment regardless of whether it is publicly or privately financed. A feasibility study is planned.

“There is still a lot of work ahead of us to deliver,” Ford said.The proposal faces major hurdles including financing, regulatory approvals and consultations with the Indigenous population. A similar project, Energy East, was abandoned in 2017 after years of political, regulatory and environmental opposition, including in Quebec.

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