Expanded Trans Mountain Pipeline Will Be Fully Operational Early Next Year, MEG Energy Says
(Reuters) — MEG Energy, an oil shipper on Canada's Trans Mountain Expansion (TMX) project, said on Monday the pipeline is expected to start filling with oil in late 2023 and be fully operational early next year.
The Canadian government-owned Trans Mountain pipeline, which transports crude from Alberta's oil sands to the Pacific Coast, will boost capacity to 890,000 barrels per day (bbl/d) from 300,000 bbl/d currently once the expansion is complete.
The C$21.4 billion ($16.00 billion) project is over-budget and behind schedule, but its completion will be a major boost for Canadian oil producers by opening up a significant export route to markets in Asia.
Oil sands producer MEG has secured 20,000 bbl/d on the pipeline.
"We're being told linefill potentially at the end of 2023 and fully operational in the first quarter," MEG Energy CEO Derek Evans told Reuters in an interview.
So far Trans Mountain has only said it expects the expansion to be mechanically completed in the third quarter of 2023.
($1 = 1.3377 Canadian dollars)
Related News
Related News
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- Enbridge Adds Turboexpanders at Pipeline Sites to Power Data Centers in Canada, Pennsylvania
- Great Basin Gas Expansion Draws Strong Shipper Demand in Northern Nevada
- Cheniere Seeks FERC Approval to Expand Sabine Pass LNG Facility
- Heath Consultants Exits Locate Business to Expand Methane Leak Detection Portfolio
Comments