Thursday, September 27, 2018

PIPE(LINE) DREAMS OF TRANS MOUNTAIN CORP.

  CALGARY — The president and CEO of Trans Mountain Corp. says its sidelined pipeline project could be back on track by next year under a new National Energy Board hearing schedule, setting it up for a possible 2022 opening date.
    The timeline unveiled by the federal pipeline regulator on Wednesday is "reasonable and fair," said Ian Anderson, the former CEO of Kinder Morgan Canada who became head of the resulting Crown corporation when Ottawa closed its $4.5-billion purchase of the pipeline and its expansion project in early September.
   He told reporters in Calgary it's possible construction that was halted when the Federal Court of Appeal overturned the expansion project's NEB approval in late August could be restarted in 2019

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