The pipeline expansion faces technical challenges in the next two weeks as Trans Mountain finishes work on the last segment in B.C., a senior executive said Wednesday
Canada’s Trans Mountain Corp has begun filling its pipeline expansion with oil in a staged process, a senior executive said on Wednesday, as construction of the long-delayed project nears an end.
“We feel good about progress,” Maki said on the sidelines of the CERAWeek energy conference in Houston. “We’ve got some key technical things that are coming up here in the coming week or two. And once those are done, I think it should be relatively smooth sailing.” The pipeline, scheduled to be in service in the second quarter, is expected to raise Canadian crude prices just as producers boost production.
“You’ve got a few uncertainties. I suspect that you know, any buyer would want to have it cleared before you would really look at a sale process,” he said.
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