Trans Mountain pipeline will soon be at full capacity amid global energy crisis – Oil pipeline system connecting Alberta to West Coast was previously expected to fill up by 2027 or 2028
Trans Mountain pipeline will soon be at full capacity amid global energy crisis – Oil pipeline system connecting Alberta to West Coast was previously expected to fill up by 2027 or 2028
>Meanwhile, Trans Mountain is moving ahead with a pair of expansion projects to transport more oil through the existing pipeline system.
>The first increase would result from using drag reducing agents with the goal of moving up to 10 per cent more oil. The project would cost $9 million, and construction is expected to begin this August and be complete in January 2027.
>The second expansion would be more complex and involve the construction of more pumping stations. The original timeline was to complete the project by 2029, but Maki said the Crown corporation is already ordering equipment with an aim of finishing the expansion in 2028.
>The expansion is expected to increase capacity by an additional 360,000 barrels per day, although it still requires regulatory approval.
>The twin pipeline system can currently transport approximately 890,000 barrels per day between Alberta and the West Coast.
edit: quote blocks broke
WKZ204 on
Great news. But it seems to paint a picture that we need more. More! More pipelines!
6 Comments
>Meanwhile, Trans Mountain is moving ahead with a pair of expansion projects to transport more oil through the existing pipeline system.
>The first increase would result from using drag reducing agents with the goal of moving up to 10 per cent more oil. The project would cost $9 million, and construction is expected to begin this August and be complete in January 2027.
>The second expansion would be more complex and involve the construction of more pumping stations. The original timeline was to complete the project by 2029, but Maki said the Crown corporation is already ordering equipment with an aim of finishing the expansion in 2028.
>The expansion is expected to increase capacity by an additional 360,000 barrels per day, although it still requires regulatory approval.
>The twin pipeline system can currently transport approximately 890,000 barrels per day between Alberta and the West Coast.
edit: quote blocks broke
Great news. But it seems to paint a picture that we need more. More! More pipelines!
It’s a coming
This probably helps: [France confirms oil crisis, says 30-40 percent of Gulf energy infrastructure destroyed](https://www.france24.com/en/france-confirms-oil-crisis-says-30-40-gulf-energy-infrastructure-destroyed)
The next 5 – 10 years are probably going to be pretty good in Alberta.
Almost as if there has always been more demand for our resources.
The self goal of not enriching ourselves with our resources is just difficult to comprehend.
I have made so much money on Canadian O&G it’s actually funny.