MEG Energy Confirms Trans Mountain Pipeline Expansion to Begin Line Fill in April
(Reuters) — Oil producer MEG Energy said on Friday that line fill on Canada's long-delayed Trans Mountain oil pipeline expansion would start from April.
Line fill is the last step before the expanded Alberta-to-British Columbia pipeline begins service, providing additional access for Canadian oil to refineries on the U.S. West Coast and in Asia.
The Canadian government-owned pipeline corporation has called for 2.1 million barrels in April and the same amount of oil in May, CEO Derek Evans said on a post-earnings conference call.
For much of the last decade, oil companies in the world's No. 4 producing country have been forced to sell their barrels at a steep discount to global prices due to lack of pipeline capacity to export crude.
The project will transport extra 590,000 barrels per day (bpd) of crude, tripling the pipeline's existing shipping capacity to Canada's Pacific Coast once the C$30.9 billion ($22.79 billion) expansion comes in service, expected in the second quarter.
Trans Mountain did not immediately respond to a Reuters request for comment.
($1 = 1.3560 Canadian dollars)
Related News
Related News

- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Canada’s Canceled Oil Pipelines: The Projects That Didn’t Make It
- Diversified Energy Closes $42 Million Summit Natural Resources Acquisition
- New Alternatives for Noise Reduction in Gas Pipelines
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Enbridge Plans $2 Billion Upgrade for North America’s Largest Crude Pipeline
- South Dakota Governor Signs Bill Banning Eminent Domain for Carbon Pipeline
- Woodside May Delay Final Investment Decision on Louisiana LNG to Q2, CEO Says
Comments