Results show Trans Mountain pipeline transaction on track to close, meanwhile KML terminal expansions continue.
Pipeline solution provides attractive, broad US Gulf Coast market optionality for Permian Basin production.
Kinder Morgan has agreed to the purchase of the Trans Mountain Pipeline system and the expansion project.
Kinder Morgan has suspended all non-essential spending on the Trans Mountain Expansion Project amid ongoing BC opposition.
As Canadian pipeline projects face a torrent of delays, there is an increased use in alternative transportation for oil in a bid to reduce the costs to the economy.