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Trans Mountain Pipeline Expansion

Sector: Oil and Gas • Location: Burnaby, Calgary, British Columbia, Alberta, Canada

Source: The Globe and Mail

Project
Completed

The Trans Mountain pipeline expansion project involved twinning the original pipeline to nearly triple its capacity, with a significant increase in project cost from $5.4 billion to $7.4 billion. The project faced political and legal challenges, leading to the federal government purchasing the pipeline for $4.5 billion in 2018 to ensure its continuation. The expanded pipeline opened in May 2024 an

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The project “Trans Mountain Pipeline Expansion” is an infrastructure initiative in the Oil and Gas sector, located in Burnaby, Calgary, British Columbia, Alberta, Canada. Taiyo aggregates data on it from The Globe and Mail.

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Description

Description

The Trans Mountain pipeline expansion project involved twinning the original pipeline to nearly triple its capacity, with a significant increase in project cost from $5.4 billion to $7.4 billion. The project faced political and legal challenges, leading to the federal government purchasing the pipeline for $4.5 billion in 2018 to ensure its continuation. The expanded pipeline opened in May 2024 and has achieved its policy goals, including boosting revenues and reducing dependence on U.S. exports.

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