Canada: $34B Trans Mountain pipeline expansion project opens after years of construction
Posted: Wed May 01, 2024 7:08 pm
Canada: $34B Trans Mountain pipeline expansion project opens after years of construction
Read more here:
https://globalnews.ca/news/10461907/tra ... ect-opens/
Wednesday marks the official start date of the long-awaited $34-billion Trans Mountain oil pipeline expansion project.
Crown corporation Trans Mountain Corp. says as of Wednesday, the expanded pipeline from Alberta to the B.C. coast will be transporting crude oil.
The project involved twinning an existing pipeline that runs from Alberta to the B.C. coast.
It took more than four years to construct, and was one of the most costly infrastructure projects in Canadian history.
Trans Mountain approved for more loan guarantees as costs soar
In a joint statement Tuesday, Alberta Premier Danielle Smith and Minister of Energy and Minerals Brian Jean said the startup of the project is great news for Albertans and Canadians.
“The completion of TMX is monumental for Alberta, since this will significantly increase our province’s output,” the statement read in part.
Toronto's breaking news sent to your email as it happens.
“We are excited that Canada’s biggest and newest oil pipeline in more than a decade can now bring oil from Edmonton to tidewater in B.C. This will allow us to get our energy resources to Pacific markets, including Washington State and California, and Asian markets like Japan, South Korea, China and India. Alberta now has new energy customers, and tankers with Alberta oil will be unloading in China and India in the next few months.”
Read more here:
https://globalnews.ca/news/10461907/tra ... ect-opens/
Wednesday marks the official start date of the long-awaited $34-billion Trans Mountain oil pipeline expansion project.
Crown corporation Trans Mountain Corp. says as of Wednesday, the expanded pipeline from Alberta to the B.C. coast will be transporting crude oil.
The project involved twinning an existing pipeline that runs from Alberta to the B.C. coast.
It took more than four years to construct, and was one of the most costly infrastructure projects in Canadian history.
Trans Mountain approved for more loan guarantees as costs soar
In a joint statement Tuesday, Alberta Premier Danielle Smith and Minister of Energy and Minerals Brian Jean said the startup of the project is great news for Albertans and Canadians.
“The completion of TMX is monumental for Alberta, since this will significantly increase our province’s output,” the statement read in part.
Toronto's breaking news sent to your email as it happens.
“We are excited that Canada’s biggest and newest oil pipeline in more than a decade can now bring oil from Edmonton to tidewater in B.C. This will allow us to get our energy resources to Pacific markets, including Washington State and California, and Asian markets like Japan, South Korea, China and India. Alberta now has new energy customers, and tankers with Alberta oil will be unloading in China and India in the next few months.”