The newly expanded Trans Mountain Pipeline is fully operational and ready to deliver on its promise.
Chartered by Canadian oil producer Suncor Energy, the crude oil tanker Dubai Angel moored at a Vancouver oil terminal on May 20 to load the first delivery from the pipeline, Reuters has reported.
The Canadian government bought the line from Kinder Morgan in 2018 and spent $23 billion tripling the line’s capacity to 890,000 bbl/d.
RELATED
For Sale? Trans Mountain Pipeline Tentatively on the Market
The expansion project for TMX, the primary passage for Canadian crude from the country’s interior to its West Coast, gives the country better access to Asian markets. Most of Canada’s oil is shipped through lines connected to U.S. ports.
RELATED
Imperial Expects TMX to Tighten Differentials, Raise Heavy Crude Prices
The government declared the project complete on May 1.
The Dubai Angel is a Marshall Islands-flagged vessel. The tanker will load about 550,000 bbl for eventual shipment to China, Reuters reported.
Recommended Reading
Baker Hughes Wins Contracts for Woodside’s Louisiana LNG Project
2024-12-30 - Bechtel has ordered gas technology equipment from Baker Hughes for the first phase of Woodside Energy Group’s Louisiana LNG development.
SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board
2024-12-04 - SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.
Gigablue Enters CCS Agreement with Investment Firm SkiesFifty
2025-01-14 - Carbon removal company and investment firm SkiesFifty have partnered to sequester 200,000 tons of CO2 over the next four years.
Chevron Names Laura Lane as VP, Chief Corporate Affairs Officer
2025-01-13 - Laura Lane will succeed Al Williams in overseeing Chevron Corp.’s government affairs, communication and social investment activities.
Plains All American Prices First M&A Bond of Year
2025-01-13 - U.S. integrated midstream infrastructure company Plains All American Pipeline on Jan. 13 priced a $1 billion investment-grade bond offering, the year's first to finance an acquisition.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.