TMX Northern Leg Expansion

This is a British Columbia news story, published by financialpost, that relates primarily to Trans Mountain Corp. news.

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Trans Mountain pipeline expansion

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Trans Mountain pipeline system

financialpost

•

Business

Business & Economics

'Northern Leg' to B.C. coast could be built off existing Trans Mountain pipeline, sources say

Summary

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70% Informative

A long-shelved proposal to build a northern branch off the Trans Mountain pipeline system to the northern British Columbia coast is attracting renewed interest as the Canadian oilpatch and federal and provincial governments grapple with a response to new trade headwinds with the United States .

Trans Mountain Corp. ( TMC ) said any significant changes to the pipeline system, including an expansion, would be subject to regulatory approval.

Trans Mountain executives say capacity could be increased by using drag-reducing agents and increasing pumping capacity.

Department of Finance says government supports running the pipeline in a way that maximizes its value.

The project has helped Canada capture a fairer value for its resources, it says.

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Informative language

Neutral language

Article tone

formal

Language

English

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