Trans Mountain pipeline expansion still has hurdles to cross

摘要

Calgary, Canada-The Canadian government’s deal to buy Kinder Morgan’s Trans Mountain crude pipeline is far from over, with industry executives anticipating a six-month delay in the planned startup, keeping Alberta heavy oil prices at steep discounts to global benchmarks. Canada said in late May it will buy the 300,000 b/d pipeline and 590,000 b/d expansion project for $3.5 billion.