Trans Mountain Expands Pipeline Capacity Amid U.S. Trade Tensions
The urgency for Canada to diversify oil exports is heightened by U.S. trade issues, with proposed pipeline projects aimed at increasing access to Asia. The Trans Mountain pipeline aims to enhance capacity and secure faster regulatory approval.
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The Trans Mountain pipeline, with a capacity of 890,000 barrels per day, is currently operating near full capacity. The Canadian government increased its capacity in 2024, yet production continues to rise, necessitating diversification of export routes to Asia through a proposed west coast pipeline.
Development is supported by Alberta Petroleum Marketing Commission and Pembina Pipeline, with calls for national interest designation to expedite regulatory processes. Trans Mountain intends to finalize investment decisions by the end of 2026 for additional pumping stations, targeting 210,000 bpd of new capacity by 2028. Optimization efforts include using drag-reducing agents to add 90,000 bpd by year-end 2026.
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