• 3 minutes THE GREAT OIL PRICE PREDICTION CHALLENGE OF 2018
  • 7 minutes Big Oil Costs Can't Go Much Lower
  • 12 minutes China’s Oil Futures Contract Is Beginning to Show Its Teeth
  • 2 hours Blackouts in Australia
  • 8 hours Global Hunger Continues to Grow Driven By Climate Change
  • 16 hours Famous Musk's Tweet Puts Tesla Under Criminal Investigation
  • 6 hours Is your name Philip? No? Too bad!
  • 2 hours China Tariff Threatens U.S. LNG Boom
  • 18 hours The moves toward 'zero-manning' in oil & gas
  • 20 hours Jan's Electric bike replaces electric cars
  • 23 hours Funding Secured: Saudi Wealth Fund to Invest $1 Billion in Tesla's RIval Lucid to build its EV factory
  • 1 day 100% Renewables will Fuel the Growth of Poverty and Homelessness
  • 19 hours Making Safe Nuclear Power from Thorium
  • 18 hours Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 3 hours Regime For Regime: China Says Willing To Provide Venezuela With What Help It Can
  • 3 hours WTI now at $70+ headed for $50s
Refiners Aren’t To Blame For Climate Change

Refiners Aren’t To Blame For Climate Change

Big Oil is often criticized…

The Future For Plastic Is Uncertain

The Future For Plastic Is Uncertain

Plastic production is said to…

Irina Slav

Irina Slav

Irina is a writer for the U.S.-based Divergente LLC consulting firm with over a decade of experience writing on the oil and gas industry.

More Info

Kinder Morgan Warns About Trans Mountain Delays

Oil

Kinder Morgan has warned that its Trans Mountain oil pipeline expansion project is facing possibly months of delays because of the timing of permit issuance and other regulatory approvals.

The delay could be as long as nine months, Kinder Morgan’s chief executive Steven Kean said in a recent conference call, adding, however, that the company was taking steps to mitigate the effects of the lengthy approval process. Kinder Morgan still believes there is a chance for the expanded Trans Mountain pipeline to start carrying crude from December 2019 as originally planned.

The Trans Mountain project, about as controversial as every new crude oil pipeline projects in Canada and the United States, needs more than a thousand permits before it can proceed. Kinder Morgan has already secured a few hundred of those, but it is now facing increased pressure from the new British Columbia government, which seems determined to stop the expansion whatever it takes.

A couple of months ago, after the New Democratic Party government was sworn in, Canadian media quoted the province’s environmental minister as saying that, “Our government made it clear that a seven-fold increase in heavy oil tankers in the Vancouver harbour is not in B.C.’s best interests,” although the industry begs to differ. There have been warnings that Canada’s oil sands production will soon outgrow its pipeline capacity, causing more oil to be transported by rail—a riskier way of transportation than pipelines.

The US$5.8-billion (C$7.4 billion) project is also threatened by a legal battle in which the NDP government has partnered with First Nations. This strong opposition to Trans Mountain, one of very few new oil pipeline projects approved by the Liberal federal government, is also putting British Columbia at odds with Canada’s main oil producing province, Alberta. Production is growing and the existing pipeline network is already operating at capacity, which makes the need for new pipelines quite pressing.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News