After years of delays and cost overruns, the Trans Mountain Pipeline expansion should be completed during first quarter 2014, reports Hart Energy.
The 715-mile looping of Trans Mountain, Canada’s only liquids pipeline to the Pacific Coast, through Alberta and British Columbia will nearly triple maritime access for Western Canadian producers, increasing from 300,000 to 890,000 barrels per day.
The expansion could have consequences for markets across North America, according to East Daley Analytics’ Crude Hub Model, affecting crude oil flows to refiners and terminal operators from Louisiana to the Midwest. Read more.
