Canada, Alberta announce new west coast oil pipeline to boost exports
The proposal would move more than 1 million barrels a day and aims to expand access to Asian markets while boosting jobs and revenues.
- On Thursday, Alberta Premier Danielle Smith announced the province officially applied to the federal Major Projects Office for national interest listing for the West Coast Oil Pipeline.
- British Columbia Premier David Eby said Thursday the province will not oppose the project, following a federal commitment to provide billions in support and maintain North Coast oil tanker restrictions.
- The proposed route follows the existing Trans Mountain corridor to a VLCC-capable port, utilizing a partnership between Alberta, Trans Mountain Corporation, and Pembina Pipeline.
- Prime Minister Mark Carney expects the project will generate $200 billion in direct investments and create 175,000 new jobs, while a tripartite agreement with the Oil Sands Alliance aims to expedite production.
- Smith targeted an Oct. 1, 2026, national interest listing, with design and construction permissions anticipated by Sept. 1, 2027, to help Alberta double oil production over the next 10 years.
34 Articles
34 Articles
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Canada, Alberta announce new west coast oil pipeline to boost exports
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