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Canada's Trans Mountain crude pipeline oversubscribed by 35% in January

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Canada's Trans Mountain crude pipeline oversubscribed by 35% in January

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Kinder Morgan Canada will limit crude oil nominations on its Trans Mountain pipeline system by 35% in January, meaning the line will carry 65% of nominated volumes, the company said Thursday.

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January volumes on the Trans Mountain mainline system are expected to be 264,285 b/d, down from 309,604 b/d in December, Kinder Morgan said in an email.

Exports from the Westridge Dock, near Vancouver, are expected to be 76,491 b/d, compared with 78,917 b/d in December. Throughput on the Puget Sound pipeline is expected to be 118,200 b/d, compared with 148,368 b/d in December.

The Trans Mountain pipeline ships Canadian crude from Edmonton, Alberta, to the Westridge export terminal in Burnaby, British Columbia, and on to the connected Puget Sound pipeline to Seattle-area refineries.

--Pat Harrington, patrick.harrington@spglobal.com
--Edited by Derek Sands, derek.sands@spglobal.com