- Kinder Morgan (KMI, KMP) is designing its Trans Mountain pipeline expansion with room to add another 240K bbl/day even as it seeks approval to nearly triple oil deliveries on the existing system.
- The expansion scenario is buried near the end of a response the company filed with regulators this month as part of an ongoing review of a $5.4B plan to increase capacity of the Edmonton-to-Vancouver oil pipeline to 890K bbl/day from 300K.
- The expanded blueprint would increase capacity on the pipeline network to 1.13M bbl/day, roughly equal to all crude oil pumped from conventional wells in Canada in 2012.
- The potential expansion is sure to inflame already heated opposition among environmental groups, First Nations and some municipalities.
From other sites
Video at CNBC.com (Mar 24, 2015)
Video at CNBC.com (Feb 3, 2015)
Video at CNBC.com (Jan 21, 2015)
at CNBC.com (Jan 15, 2015)
at CNBC.com (Jan 13, 2015)
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