CALGARY – A quick look at the Trans Mountain pipeline expansion project proposed by Kinder Morgan (NYSE:KMI):
Estimated Cost: $6.8 billion
Route: 1,150 kilometres between Strathcona County, Alta., east of Edmonton, to Kinder Morgan’s Westridge Marine Terminal in Burnaby, B.C. The expansion would add about 980 kilometres of new pipeline and 12 new pump stations.
Capacity: Would twin an existing pipeline, increasing capacity from 300,000 barrels a day to 890,000 barrels a day. The Burnaby terminal would be expanded with three new berths. Tanker traffic at the terminal would rise from about five to 34 per month.
Background: The National Energy Board recommended approval of the expansion in May, attaching 157 conditions. British Columbia has set five conditions to support any pipelines to the coast, including advanced oil spill response systems, First Nations consultations and financial benefits for the province. The mayors of Vancouver and Burnaby are staunchly opposed to the project.