Canada’s Trans Mountain pipeline expansion (TMX) is set to enter partial operation on May 1, years behind schedule and at more than four times the original cost ¬– but with the potential to affect oil flows even outside North America, discusses Reuters. Canada, the world’s fourth-largest oil producer with nearly 5 million bpd of output, will have more than enough export pipeline capacity once the CAN$34 billion (US$24.9 billion) TMX becomes fully operational. The expanded pipeline will ship an extra 590 000 bpd from Alberta to Canada’s Pacific Coast, giving Canada’s heavy crude producers access to U.S. West Coast and Asian markets, and boost
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