Canada's Pembina plays down potential investment in Trans Mountain pipeline

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 45 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Trans Mountain Oil Pipeline أخبار

Western Indigenous Pipeline Group,Pembina Pipeline,Canada

Canada's Pembina Pipeline Corp is not spending much time considering investment in the newly expanded Trans Mountain oil pipeline (TMX) due to uncertainty...

- Canada's Pembina Pipeline Corp is not spending much time considering investment in the newly expanded Trans Mountain oil pipeline due to uncertainty around shipping tolls, a company executive said on Friday.

"From our perspective, there still exists a tremendous amount of uncertainty around that asset," Cameron Goldade, Pembina's chief financial officer, said on an earnings call."As an investment opportunity it's not something we're spending a great deal of time on right now." The pipeline's shippers argue tolls being charged to transport oil are too high, after construction costs ballooned to C$34 billion , more than four times the original budget.TMX will ship an extra 590,000 barrels per day of crude from Alberta's oil sands to Canada's west coast and increase access to markets in Asia and the U.S. west coast.In this article, we are going to discuss the top 15 natural gas producing countries in the world in 2024.

The Actual Reason King Charles Won't See Prince Harry Has Everything to Do With Queen Camilla, Per Sources

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 47. in SA
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Trans Mountain opens 'pretty vast market,' says Cenovus — but it's likely Canada's last pipeline'It is increasingly difficult to build pipelines in this country,' says CEO
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »