Kinder Morgan says Trans Mountain project could be a year behind schedule

Must Read

11 new additional COVID-19 cases confirmed in Northern Health Region

VICTORIA, B.C. – An additional 11 new cases of COVID-19 were confirmed on Tuesday, bringing the total in the...

Local abattoirs, essential to beef up local meat, can’t keep up. So why aren’t there more?

Eventually, most B.C. livestock is slaughtered into meat — but where? It’s a question that’s plagued farmers, ranchers, abattoir owners...

High School Rodeo held at Moore Ranch for second weekend

FORT ST. JOHN, B.C. - The fourth rodeo of the Northern B.C. High School Rodeo Association’s fall season was...

CALGARY — Kinder Morgan Canada Ltd. (TSX:KML) is projecting that the Trans Mountain pipeline expansion project could be a year behind schedule as it continues to encounter permitting delays.

The estimate is three months further behind from the company’s last estimate in December, and now potentially puts the $7.4-billion project in service by Dec. 2020 depending on regulatory, permit and legal approvals.

Kinder Morgan Canada says it has scaled back spending in 2018 to focus on securing needed final approvals for the project, which faces significant opposition from numerous Indigenous groups, environmentalists, and municipalities in British Columbia.

- Advertisement -

The company scored a victory for its project in early December when the National Energy Board ruled in its favour, allowing it to bypass some bylaws in Burnaby, B.C. that were found to be obstructing the project.

The regulator has not, however, made a decision on establishing a process to deal with potential future permitting delays for the project, as requested by the company.

Kinder Morgan Canada, majority-owned by Houston-based Kinder Morgan, repeated that if the project continues to face unreasonable regulatory risk that it may not be able to proceed with the project.

The Canadian Press

- Advertisement -

Community Interviews with Moose FM


Subscribe to our newsletter

Get the latest news delivered to your mailbox every morning.

More Articles Like This