FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Trans Mountain Pipeline Linefill Set for Feb - Majority March

OIL

The long-delayed Trans Mountain pipeline will begin filling with oil in February.

  • The majority of the 890,000 bpd line will be filled in March and last about 2-3 weeks but linefill will begin in February according to Jason Balasch, senior director of business development at Trans Mountain.
  • The Heavy Western Canadian Select discounts narrowed vs WTi to the tightest since August after the remarks.
  • This had widened into the later months of last year over project delay fears.
  • The project will triple the pipelines capacity, supporting Canadian crude production and helping move its barrels towards Asia.
  • The first tanker to carry crude from the Trans Mountain pipeline is set to load in Vancouver in April, Balasch said.
  • Regulators agreed to allow Trans Mountain to finish the project with a lower diameter pipe this month, a move which is said has saved multiple years of delays as it nears completion.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.