Kinder Morgan Inc said it had booked all of the 22,000 barrels per day of capacity it had offered to the oil industry earlier this month on its Canadian Trans Mountain pipeline expansion project, following a dip in shipper commitments.
The current Trans Mountain pipeline between the oil-producing province of Alberta and the west coast is routinely oversubscribed, and the expansion has had strong support from Canadian oil sands shippers.
Kinder Morgan said two weeks ago that commitment for the pipeline project had dipped 3 per cent, or 22,000 barrels per day, after the U.S. pipeline company hiked tolls.
John Benny – Globe and Mail – March, 22, 2017.
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