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Trans Mountain Pipeline Expansion

Sector: Government • Location: Burnaby, British Columbia, Canada

Source: The Globe and Mail

Project
Completed

The Trans Mountain pipeline expansion project involved increasing the capacity of the pipeline moving oil from the Edmonton area to the port in Burnaby, British Columbia. The expansion was completed last year and has enabled increased exports of Canadian oil sands crude to Asian markets, particularly China, which has become the largest buyer of oil from the Burnaby facility. The project faced crit

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

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Description

Description

The Trans Mountain pipeline expansion project involved increasing the capacity of the pipeline moving oil from the Edmonton area to the port in Burnaby, British Columbia. The expansion was completed last year and has enabled increased exports of Canadian oil sands crude to Asian markets, particularly China, which has become the largest buyer of oil from the Burnaby facility. The project faced criticism for cost overruns, with a price tag of $34 billion, but it has helped narrow the price discount between Alberta oil sands crude and North American prices, boosting provincial royalties.

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