Refining Thematic III: Trans Mountain Pipeline Expansion

Trans Mountain Pipeline expansion & WCS Diffs The North American oil world is keenly watching progress on the last legs of the Trans Mountain pipeline expansion, the long-awaited 590 kbd expansion of pipeline moving production from Alberta to the Vancouver area. Costs have ballooned from C$5.4B up to over C$31B and after years of delay, the expansion startup is almost here. This is possibly the single most cost-overrun project in global oil & gas history …

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