Canadian Natural said it expected the pipeline’s start date to be delayed because Trans Mountain Corp is asking regulators for a route deviation on a 1.3-km section just south of Kamloops
, a major shipper on the Trans Mountain oil pipeline expansion , expects the project will be delayed until at least the second quarter of 2024, the company said in a letter to Canadian regulators on Thursday.
Canadian Natural said it expected the pipeline’s start date to be delayed because TMC is asking regulators for a route deviation on a 1.3-km section just south of Kamloops, British Columbia. It was bought by the Canadian government in 2018 to ensure it got built, but has seen costs quadruple to C$30.9-billion. TMC is currently locked in a dispute with oil shippers over higher-than-expected tolls.
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Canadian Natural expects Trans Mountain expansion project to be delayed -letterBy Nia Williams (Reuters) - Canadian Natural Resources Ltd, a major shipper on the Trans Mountain oil pipeline expansion (TMX), expects the project ...
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Canadian Natural expects Trans Mountain expansion project to be delayed -letterCanadian Natural Resources Ltd, a major shipper on the Trans Mountain oil pipeline expansion (TMX), expects the project will be delayed until at least the second quarter of 2024, the company said in a letter to Canadian regulators on Thursday. Trans Mountain Corp (TMC), the Canadian government-owned corporation building the long-delayed project, has said the expanded pipeline will start shipping oil late in the first quarter of next year. Canadian Natural said it expected the pipeline's start date to be delayed because TMC is asking regulators for a route deviation on a 1.3-km (0.8 mile) section just south of Kamloops, British Columbia.
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