Tuesday, October 22, 2024

Canadian Trans Mountain Pipeline helped crude make a rare journey to our 49th state!

Happy Tuesday! 

We hadn’t read anything on the newly expanded Canadian Trans Mountain Pipeline since May when regulators green-lighted operations to start, so we thought we would let you know the latest on this important North American asset.

Did anyone happen to read gCaptain Daily Newsletter on October 21, 2024, they reprinted an article from Bloomberg titled, “Canadian Crude Oil Embarks on a Rare Tanker Trip to Alaska”?  The article speaks in regard to the newly expanded Canadian Trans Mountain Pipeline and how it has given Canadian crude more prospects aboard.  The first Canadian crude in over a decade has taken a tanker trip earlier in October to Alaska for refining at Marathon’s Kenai refinery where the tanker delivered 466,000 barrels.  The crude oil was from the Canadian oil sands which now travels down in an expanded pipeline to Westridge Marine Terminal in Burnaby, British Columbia (Please check out our Blog in May about further details).  The expanded pipeline is a dual pipeline, and it has raised the capacity of the pipeline to approximately 900,000 b/d by shadowing the original line which capacity was approximately 300,000 b/d and this has expanded the amount of Canadian heavy crude reaching the US West Coast ports and Asia.  If you would like to read more of gCaptain’s article, please click the link: Canadian Crude Oil Embarks on a Rare Tanker Trip to Alaska.

If you would like help in looking into how to update your liquids petroleum terminal or see what’s under your feet to help reduce your emissions, contact us via the email in the Blog and check out our ESC website for contact information!

We hope you have a wonderful evening, and a great rest of your week!

**Disclaimer: You may be charged a fee to read the gCaptain’s article. **