Kinder Morgan asks Canadian government to intervene in B.C. siting dispute

|About: Kinder Morgan, Inc. (KMI)|By:, SA News Editor

Kinder Morgan (KMI, KMP) is asking Canadian regulators to intervene to allow it to study land in Burnaby, B.C., where it faces opposition to the C$5.4B expansion of its Trans Mountain oil pipeline.

Burnaby has blocked Kinder from studying lands it would cross near the western end of the expansion, saying the company must provide more information about the risk of spills and public safety.

The National Energy Board said earlier this week that it will defer a recommendation to the government on the project by about six months, to Jan. 2016, after Kinder proposed a change to the route in Burnaby.