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Wednesday, May 23, 2012

Canada's Trans Mountain Pipeline Deal Inked -- Kinder Morgan

Link here.

Data points:
  • will twin the existing 714-pipeline from Edmonton, Alberta, to Barnaby, British Columbia
  • 20-year contracts for additional 510,000 bbls/day; 150,000 bbls less -- some shippers did not get board approval
  • currently 300,000 bbls/day
  • will expand to about 750,000 (that's what the article said; the numbers don't quite add up)
  • $4.1 billion
 Link to earlier story regarding same.