In The Media

Canada’s oil crisis is far from over

by Nick Cunningham (feat. Dennis McConaghy)

OilPrice.com
June 21, 2018

Canada has vowed to build the Trans Mountain Expansion project in order to move more oil out of the country, but a lot of hurdles remain.

In May, the Canadian government agreed to pay Kinder Morgan $3.5 billion for the existing Trans Mountain line, plus the proposed expansion project. The decision by Kinder Morgan to sell the project, plus the uncertainty surrounding the takeover by the Canadian government, will almost certainly push back the start date for the pipeline until 2021 at least.

"Pipeline construction is a seasonal activity during summer to the fall [June to August] in Western Canada and failure to start work on the main infrastructure works will also drive up expansion costs," Chris Bloomer, president of the Canadian Energy Pipeline Association, told S&P Global Platts.

CLICK HERE TO READ THE FULL ARTICLE AT OILPRICE.COM


Be the first to comment

Please check your e-mail for a link to activate your account.
SUBSCRIBE TO OUR NEWSLETTERS
 
SEARCH
THE CGAI PODCAST NETWORK

Defence Deconstructed: Canadian Maritime Operations in the Mediterranean Sea

December 13, 2018

(feat. Dave Perry and Commander Gord Noseworthy)



The Global Exchange: The Sea of Azov and The Future of The Ukraine Crisis

December 10, 2018

(feat. Colin Robertson, Roger Hilton, and Andrew Rasiulis)



EXPERTS IN THE MEDIA

Canadian growth shoring up massive U.S. heavy oil market: IHS Markit

by JWN Staff (feat. Kevin Birn), JWN Energy, December 14, 2018

A 2nd Canadian detained in China

by Michelle Saunders (feat. Hugh Stephens), Zoomer Radio, December 13, 2018


LATEST TWEETS

HEAD OFFICE
Canadian Global Affairs Institute
Suite 1800, 421-7th Avenue SW
Calgary, Alberta, Canada T2P 4K9

 

OTTAWA OFFICE
Canadian Global Affairs Institute
8 York Street, 2nd Floor
Ottawa, Ontario, Canada K1N 5S6

 

Phone: (613) 288-2529
Email: contact@cgai.ca
Web: cgai.ca

 

Making sense of our complex world.
Déchiffrer la complexité de notre monde.

 

© 2002-2018 Canadian Global Affairs Institute
Charitable Registration No. 87982 7913 RR0001

 


Sign in with Facebook | Sign in with Twitter | Sign in with Email