Canada pipeline plan points to bigger Pacific tanker trade
AI Summary
Canada is advancing plans for a new Pacific Coast crude export pipeline that could increase tanker-loading capacity by over 1 million barrels per day from southern British Columbia. The proposal was unveiled by Prime Minister Mark Carney and Alberta Premier Danielle Smith, highlighting a significant expansion in crude export infrastructure aimed at the Asian market.
Canada has moved closer to opening a major new crude export route to Asia, advancing plans for a Pacific Coast pipeline that could add more than 1m barrels per day of tanker-loading capacity from southern British Columbia. Prime minister Mark Carney and Alberta premier Danielle Smith unveiled the proposed route this week, saying the line …