Money Kinder Morgan to restart construction on Trans Mountain in August

07:06  04 july  2018
07:06  04 july  2018 Source:   reuters.com

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(Reuters) - Kinder Morgan Canada Ltd said in a filing on Tuesday it is restarting construction in August on the Trans Mountain pipeline's expansion after halting work in the spring due to opposition from environmentalists and other groups as Canada prepares to buy the project in a bid to boost

The Trans Mountain pipeline expansion remains on track to begin construction in September, Kinder Morgan Canada president Ian Anderson said Wednesday in the face of environmental and political opposition that threatens to derail the project.

a train traveling down train tracks near a mountain: FILE PHOTO: Steel pipe to be used in the pipeline construction of Kinder Morgan Canada's Trans Mountain Expansion Project sit on rail cars at a stockpile site in Kamloops© REUTERS/Dennis Owen/File Photo FILE PHOTO: Steel pipe to be used in the pipeline construction of Kinder Morgan Canada's Trans Mountain Expansion Project sit on rail cars at a stockpile site in Kamloops

Kinder Morgan Canada Ltd said in a filing on Tuesday it is restarting construction in August on the Trans Mountain pipeline's expansion after halting work in the spring due to opposition from environmentalists and other groups as Canada prepares to buy the project in a bid to boost country's oil exports.

The expansion work will begin in Alberta in August and the North Thompson region of British Columbia in late September, according to a construction schedule for the next six months filed with the National Energy Board.

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FILE PHOTO: Workers construct the Anchor Loop section of Kinder Morgan 's Trans Mountain pipeline expansion in Jasper National Park in a 2009 file photo. The firm is currently carrying out preliminary work and has not started construction .

“I worked for Trans Mountain ’s environmental department in the 1990s. If there is a tanker spill or spill from the pipeline itself, from Edmonton to Protesters arrived on site at around 11:00 am and tied themselves to the main gates of Kinder Morgan ’s Burnaby construction site, blocking the entrance.

Calgary-based Kinder Morgan Canada said additional construction was also planned in Lower Mainland of British Columbia.

Kinder Morgan had halted all non-essential work on the C$7.9 billion project in May, citing regulatory uncertainty and opposition from the province of British Columbia.

The Trans Mountain pipeline runs from Edmonton, Alberta to a deepwater port in the Vancouver area. The expansion would nearly triple its capacity, giving Canadian producers greater access to Asia and other world markets.

Canada in late May agreed to buy the pipeline for C$4.5 billion ($3.4 billion) to save the project that faces formidable opposition from environmentalists and British Columbia officials, who are worried the pipeline could spill its tar-like heavy oil.

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Environmental and indigenous groups are cheering after Kinder Morgan announced Sunday it was halting most work on its controversial Trans Mountain expansion pipeline project, citing continuing opposition.

"We' re waiting, we' re waiting," said Steven Kean, chief executive of Kinder Morgan , about starting construction of the Trans Mountain Expansion pipeline project.

The deal is expected to close "mid to late summer."

"We're excited to be moving forward in Alberta and the North Thompson, bringing and delivering on our commitments to local, regional and Aboriginal jobs and benefits," Ian Anderson, president of Kinder Morgan Canada, said in a statement.

(Reporting by Anirban Paul in Bengaluru; Editing by Lisa Shumaker)

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