03.06.16. Canada’s National Energy Board (NEB) has concluded that Kinder Morgan’s Trans Mountain Expansion Project is in the public interest and recommended the Federal Governor in Council approve the proposed expansion.
The NEB’s recommendation will allow the Project to proceed with 157 conditions if the Governor in Council approves the project. The federal government will make the final decision on the project in December 2016.
“Trans Mountain is pleased with the NEB’s recommendation,” said Ian Anderson, president of Kinder Morgan Canada. “After an initial review of the report, Trans Mountain believes the 157 project-specific conditions, many in response to input from intervenors, are rigorous and appear to be achievable.”
Trans Mountain is continuing to analyse the NEB’s conditions for implications to community commitments, costs and project timeline, but is still expecting the in-service date to be December 2019.
In spring 2012, Kinder Morgan Canada announced it would move forward with plans to expand the existing Trans Mountain Pipeline system – between Edmonton, Alberta, and Burnaby, British Columbia – following strong commitments received from customers.
The Conference Board of Canada found the project is expected to generate C$46.7 billion in government revenues and 802,000 person years of employment, the equivalent of 40,000 jobs each year, over more than 20 years. For almost 60 years, the 1,150 km pipeline system has been providing the only West Coast access for Canadian oil products, including about 90 percent of the gasoline supplied to the interior and south coast of British Columbia.
3rd June 2016
