There’s a network’s progressing. There’s multiple components to capturing the carbon. So in our first phase, there’s nine key assets and capture projects across the six companies. And each company is doing their own engineering and project planning for that work, and that’s progressing. And then on the cap — on the sequestration side we’ve worked with the Alberta government, and been awarded pore space that now we need to do additional technical work, so that we can demonstrate that we can safely and reliably store the carbon that we would expect to capture and transport to that site kind of in the Cold Lake region. So all that work is progressing and there’s a few hundred folks working on that across the six companies. And then secondly, I would just say on the indigenous engagement side, which is critically important for us to have a sustainable partnership with the many indigenous communities that are along the route and part of our operations.
And so in recent months we’ve been actively engaging them to understand their needs, their desires, as we look at how we can build a sustainable partnership with them. We’ve had engagements with over 20 communities so far. And then lastly, I would say that the third other kind of key element of this is of course kind of all the fiscal work that we’re doing with both the federal government and the provincial government. And that is to ensure that we have the right policies in place, the right funding mechanisms in place so that these projects can be economic for our shareholders to ensure that they deliver the environmental benefits that are consistent with the government’s aspirations for net zero by 2050. And so, there are regular engagements now with the Alberta government and the federal government around all the details around those plans.
We have yet to finalize those discussions on the fiscal mechanisms and the fiscal kind of support that will be necessary for these projects to go forward. But I would say those discussions have advanced materially over the last couple months. So I’m quite pleased with the progress we’re making. There’s still a long way to go. As I said at the beginning, this is a big project. Big investments has implications for decades to come, but it’s critically important for our industry to be sustainable, critically important for Canada to achieve its net zero ambitions. So we’re all focused on making it a success. The next key milestone for us would be once we have all of the fiscal mechanisms in place, once we have the engineering work completed, then we will be looking to place an order for the main pipe that we would need for the trunk line, for the 300-kilometre project.
And we hope to be in a place that we can place that order sometime next year is kind of our current planning basis. So I hope that gives you a little more color. And so kind of a reflection of just how much activity is underway.
Operator: This does conclude the question-and-answer portion. I would like to turn the call o back over to Peter Shaw, Vice President Investor Relations for any closing remarks.
Peter Shaw: Thank you. So on behalf of the management team, I would like to thank everybody for joining us this morning, also sharing the thanks to Dave as we’ve worked over the last several weeks for a smooth handover. If you have any further questions or follow ups, please don’t hesitate to reach out to anyone on the Investor Relations team and we’ll be happy to answer any of your questions. And with that, thank you very much and have a great day.
Operator: This does conclude today’s conference call. Thank you for your participation. You may now disconnect.
