Trans Mountain Corp.
About
Trans Mountain Corp. operates Canada’s only pipeline system transporting oil products to the West Coast. We deliver approximately 300,000 barrels of petroleum products each day through 1,150 km of pipeline in Alberta and British Columbia, and 111 km of pipeline in Washington state.
The Trans Mountain Expansion Project will provide increased capacity to support Canadian crude oil production growth and ensure access to global energy markets. The largest project in the pipeline’s history, it involves installing approximately 980 km of new pipeline, new and modified facilities including pump stations and terminals, and a new dock complex at the Westridge Marine Terminal in Burnaby, British Columbia.
As a federal Crown corporation, Trans Mountain Corporation will continue to build upon Trans Mountain’s 65 years of experience delivering operational and safety excellence through our crude oil pipeline system.
We are accountable to Parliament through the Canada Development Investment Corp. (CDEV). As a wholly-owned subsidiary of CDEV, we are governed by an independent Board of Directors.
Editor's note: Updated Feb. 10, 2020.
Headquarters Address
300 5th Avenue SW
Suite 2700
Calgary AB T2P 5J2
Canada
Website
www.transmountain.comNews
Canada’s Completed TMX Pulling Crude Off of American-bound Pipelines
Trans Mountain completed work on the company’s namesake pipeline expansion on May 1. It was the end of a difficult and controversial pipeline project that started development in the 2010s under Kinder Morgan.
With Montney Production Set to Grow, US E&Ps Seize Opportunities
Canada’s Montney Shale play has already attracted U.S. companies Ovintiv, Murphy and ConocoPhillips while others, including private equity firms, continue to weigh their options.
Trans Mountain Appoints New CEO, President
Trans Mountain appointed Mark Maki to CEO, succeeding Dawn Farrell who will now be chairman of the board.
Trans Mountain Revises Heavy Crude Standards on Pipeline After Quality Concerns
Canadian government-owned oil pipeline operator Trans Mountain last week revised standards for accepting crude oil on its recently expanded system after buyers raised concerns about the crude oil arriving on the line, a regulatory filing showed.
TC Energy’s Keystone Back Online After Temporary Service Halt
As Canada’s pipeline network runs full, producers are anxious for the Trans Mountain Expansion to come online.
Imperial Expects TMX to Tighten Differentials, Raise Heavy Crude Prices
Imperial Oil expects the completion of the Trans Mountain Pipeline expansion to tighten WCS and WTI light and heavy oil differentials and boost its access to more lucrative markets in 2024.
After Megamerger, Canadian Pacific Kansas City Rail Ends 2023 on High
After the historic merger of two railways in April, revenues reached CA$3.8B for fourth-quarter 2023.
Canada's Long-delayed Trans Mountain Pipeline Plans Line Fill for March or May
Trans Mountain is awaiting a regulatory decision on its request for a construction change.
Canadian Board: Trans Mountain Didn’t Address Pipeline Concerns
Trans Mountain filed another variance request, saying a two-year delay is possible for its southbound crude pipeline.
Trans Mountain Pipeline Warns of 2-year Delay Over Regulatory Setback
Trans Mountain Pipeline's setbacks include encountering difficult drilling conditions due to the hardness of the rock in a mountainous area.
Canada's Trans Mountain Pipeline May Face Nine-month Delay
Trans Mountain Corp. has asked the Canada Energy Regulator to change the approved route on a 1.3-km (0.8 mile) section just south of Kamloops, British Columbia, to avoid micro-tunneling construction that the crown corporation says is not feasible technically or economically.
Canada's Trans Mountain Corp Names Former TransAlta Boss CEO
New Trans Mountain Corp. CEO Dawn Farrell previously led TransAlta for nine years before retiring in 2021 and has since been serving on the board of director for Canadian Natural Resources Ltd., Canada's largest oil and gas producer.
Canada-owned Trans Mountain Oil Pipeline Not Profitable: Budget Officer
Canada's parliamentary budget officer recently reported that the government-owned Trans Mountain pipeline has a net present value of negative C$600 million, making it no longer profitable.
Canada's Trans Mountain Secured C$10 Billion in Financing to Cover Construction Costs
Canadian Trans Mountain Corp. will expand the Trans Mountain pipeline to bring more crude oil to the Pacific coast from Alberta with the help of C$10 billion in financing.
Trans Mountain Can Proceed with Work on Key Pipeline Terminals: Regulator
Trans Mountain now expects to finish the expansion in the third quarter of 2023, when it will nearly triple the capacity of the pipeline running from Alberta to the Pacific Coast to 890,000 bbl/d of oil.