Pipeline giants Enbridge and TransCanada team up on leak detection research

EDMONTON – Canada’s two biggest pipeline operators are teaming up to test leak detection technology.

TransCanada Corp. (TSX:TRP) and Enbridge Inc. (TSX:ENB) will be using a pipeline simulator at an Edmonton facility to conduct their research in 2014.

Enbridge developed the simulator, called the External Leak Detection Experimental Research, or ELDER for short.

The two companies, along with the Alberta Ministry of Innovation and Advanced Education, have committed a total of $4 million in funding.

Enbridge has already spent $3 million on developing and building the system.

The partnership was announced a day before a regulatory panel announces its recommendation on whether to allow Enbridge to build its controversial Northern Gateway oil pipeline to the West Coast.