An uninsulated subsea pipeline at 300 degrees+ F. might be sizzling pretty good! While I have no idea exactly what is going on here, I think piggybacking of (hydro)power cables is also being considered up in the far North, as there are hydropower sources up there and not many folks to burn same. An apparent alternative in those areas is using the power at origin to produce hydrogen, then inject that into the product stream close by to enrich same, and send the merry mix it on its way through the pipeline to more population that can use same.
There are probably many technical issues, and also safety concerns, for both utilities in placing at least very high voltage cables very close to very hot, high pressure transmission mains. [I visited an ongoing pipe bursting installation last week, and all was going well until I understand a worker jobbed a post hole digger into a power cable (at a daylighting location) very close to the old line being burst and replaced with new pipe. While no one was hurt, that kind of put a damper on that pull until the cable could be repaired.]