Explainer-With oil set to flow, what next for Canada's Trans Mountain pipeline expansion?

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Explainer-With oil set to flow, what next for Canada's Trans Mountain pipeline expansion?
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Two accused teenagers to remain in custody for at least two more weeks | SaltWire #newsupdate #news - Canada's Trans Mountain pipeline expansion is set to enter partial operation on May 1, years behind schedule and at more than four times the original cost - but with the potential to affect oil flows even outside North America.

Many Chinese refineries are set up to process heavy sour crudes, but shipping brokers have warned the cost of hauling crude to Asia on Aframax vessels, a roughly 18-day trip one way, may limit demand. Commodities pricing agency Platts has launched two new daily assessments for crude loaded at Westridge. Pacific Dilbit is similar in quality to Access Western Blend, and Low TAN Dilbit aligns with Cold Lake crude, the agency said last week.The budget blowout means TMX has had to raise tolls to recoup some costs. The shippers are disputing the rate increase, and the CER, which approved higher interim tolls last year, will hold a hearing this year to decide the final tolls.

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