Trans Mountain Pipeline Needs More Funds ...Middle East

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Trans Mountain Pipeline Needs More Funds
source : OILPRICE ( Middle East ) () 40
Canada's Trans Mountain Expansion crude oil pipeline needs more funds as construction costs have skyrocketed, Canada's federal government said on Friday. "Given the significant expenditures expected ... [Trans Mountain Corporation] will require the continued availability of future financing in order to proceed with the project," the Canada Development Investment Corporation (CDEV) said in its 2022 annual report. The Trans Mountain Pipeline was due for an expansion years ago, but the former owner, Kinder Morgan, was planning on killing in the project…

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