Alberta Premier Rachel Notley says the province will buy the Trans
Mountain oil pipeline project if that's what it takes to get it built.
EDMONTON — Alberta Premier Rachel Notley says the province will buy the Trans
Mountain oil pipeline project if that's what it takes to get it built.
Not exact matches
That's despite the fact premiers Christy Clark and Alison Redford, in a backgrounder to their recent agreement on the ground rules for building
pipelines, warned that
oil may end up crossing B.C. by train en route to Asia regardless of whether the Northern Gateway or Trans -
Mountain Expansion
projects go ahead.
Since then, the Trans
Mountain project has pitted the NDP - led governments in Alberta and British Columbia against each other after B.C. proposed new
oil spill regulations that would effectively block new
oil pipelines from reaching the West Coast.
He said regulatory confusion and delays in Canada have prevented the timely completion of
pipeline projects such as the Trans
Mountain expansion, leading to difficulty in getting crude
oil to markets and the current steeper - than - usual discounts being paid for Canadian oilsands crude compared with benchmark New York - traded
oil.
In addition to
oil pipeline company Kinder Morgan, which has established its Trans
Mountain Expansion
Project office near the
pipeline's terminus in suburban Burnaby, Enbridge is reportedly (and belatedly) opening an office to help manage its Northern Gateway application.
Texas
pipeline company Kinder Morgan issued an ultimatum yesterday: give our shareholders confidence that we can build the Trans
Mountain oil tanker
project, or we're walking.
It is likely these
projects will be built, and with them there will be a 13 per cent surplus of export
pipeline capacity, without the Trans
Mountain project, when western Canadian
oil production peaks in the 2025 timeframe.
Any reduction in
oil sands output from the levels imposed by the emissions cap will create even more surplus
pipeline export capacity without the Trans
Mountain project.
TransCanada Corp.'s cancellation of the Energy East
pipeline leaves Canadian
oil producers more dependent than ever on the Keystone XL and Trans
Mountain proposals, two
projects facing ardent opposition in their own right.
Both Enbridge with its $ 5.5 - billion Northern Gateway
project, and Kinder Morgan with plans to expand an existing West Coast
pipeline called Trans
Mountain, are working to give
oil sands companies access to refineries in China and Asia.
Since then, the Trans
Mountain project has pitted the NDP - led governments in Alberta and British Columbia against each other after B.C. proposed new
oil spill regulations that would effectively block new
oil pipelines from reaching the West Coast.
The $ 7.4 - billion Trans
Mountain project would triple the flow of heavy
oil products from Alberta to Burnaby, B.C. Texas - based Kinder Morgan has warned it will pull the plug by month's end if hurdles to expanding the
pipeline through British Columbia remain.
The Trans
Mountain pipeline, a
project of U.S. company Kinder Morgan, would allow tar sands
oil producers to ship their product to China and other Asian countries.
The company says it has already spent $ 1.1 billion, since 2013, to advance the
project that would triple the capacity of its existing Trans
Mountain pipeline, up to 890,000 barrels of
oil per day.
Ongoing
pipeline reviews: While there is a strong argument that the FCA may have applied the wrong sections of the Canadian Environmental Assessment Act, 2012 in Gitxaala (given that the Enbridge Joint Review Panel was operating under transitional rules), the analysis of the FCA is certainly applicable to more recent environmental assessments conducted by the National Energy Board — like those for the Kinder Morgan Trans
Mountain and Energy East
oil tanker and
pipeline projects.