6 years ago
Kinder Morgan halts most work on disputed Canada pipeline expansion
Kinder Morgan Canada (KML.TO) on Sunday suspended most work on a C$7.4 billion ($5.8 billion) oil pipeline expansion that has become the focus of protests, a move underscoring uncertainty over major energy projects in Canada. Company Chairman Steve Kean said he would scrap plans to nearly triple the capacity of the Trans Mountain pipeline, which takes crude from Alberta’s oil sands to a facility in the Pacific province of British Columbia, unless the various legal challenges could be resolved by May 31.
Continue Reading
https://www.reuters.com
Join the Discussion