The expansion of TMX gives Canada better access to Asian markets. (Source: Shutterstock)
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
Energy Transition in Motion (Week of Jan. 25, 2025)
2025-01-24 - Here is a look at some of this week’s renewable energy news, including a bright outlook for solar power capacity additions in the U.S.
Energy Transition in Motion (Week of Jan. 17, 2025)
2025-01-17 - Here is a look at some of this week’s renewable energy news, including more than $8 billion more in loans closed by the Department of Energy’s Loan Programs Office.
Energy Transition in Motion (Week of Feb. 14, 2025)
2025-02-14 - Here is a look at some of this week’s renewable energy news, including a geothermal drilling partnership.
Energy Transition in Motion (Week of Feb. 21, 2025)
2025-02-21 - Here is a look at some of this week’s renewable energy news, including a record for community solar capacity in the U.S.
Energy Transition in Motion (Week of March 7, 2025)
2025-03-07 - Here is a look at some of this week’s renewable energy news, including Tesla’s plans to build a battery storage megafactory near Houston.
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.