Trans Mountain Oil Pipeline 90% Complete

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The Trans Mountain oil pipeline is nearly finished and will be 'complete in the coming months,' Canadian Minister of Energy and Natural Resources Jonathan Wilkinson told Bloomberg on Friday.

The Trans Mountain oil pipeline is nearly finished and will be “complete in the coming months,” Canadian Minister of Energy and Natural Resources Jonathan Wilkinson told Bloomberg on Friday. “I don’t have a specific date in front of me in terms of when the corporation expects to complete it, but the project is over 90 per cent complete,” Wilkinson shared, adding that he certainly expects it to come online “over the course of the 2024 period.

Canada’s regulator CER sided with the pipeline, thus preventing even more delays. Once complete and flowing oil, the newly expanded pipeline will be able to carry an additional 890,000 barrels per day of crude oil. The project has been fraught with legal challenges and opposition from climate and indigenous groups, causing the federal government to purchase the project to ensure it would move forward.

 

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