Reported 12 months ago
About 20 ships loaded crude oil on Canada's West Coast in the first month of operation on the expanded Trans Mountain pipeline, slightly below the operator's forecast. The loading activity is crucial as the Canadian government aims to sell the $24.84 billion pipeline, with concerns surrounding oil quality, economics, and loading challenges. Despite loading slightly below expectations, the pipeline expansion is seen as having a solid start with 350,000 barrels per day exports to destinations like the US West Coast, Asia, India, and China.
Source: YAHOO