Trans Mountain pipeline expansion gets green light to open
Posted April 30, 2024 3:21 pm.
The Trans Mountain pipeline expansion is complete and the Canada Energy Regulator has given the go-ahead for the project to open.
The Crown corporation behind the project, which will increase the existing pipeline’s capacity by 590,000 barrels per day to a total of 890,000 barrels per day, previously provided a start date of May 1.
Trans Mountain Corp. says it has successfully resolved the construction-related challenges in B.C.’s Fraser Valley that slowed the project’s progress in recent months.
The Trans Mountain pipeline expansion project is owned by the federal government. It has taken more than four years and at least $34 billion in costs to build.
The expanded pipeline, which runs from Alberta to the B.C. West Coast, will significantly improve Canadian oil companies’ access to export markets.
