May 24, 2013 - 11:57 AM
EDMONTON - Kinder Morgan Canada has taken the next step in its plan to almost triple the capacity of its Trans Mountain oil pipeline from Alberta to Burnaby, B.C.
The corporation has filed a formal description of the proposed $5.4 billion, 1,150 kilometre-long project to the National Energy Board.
The plan calls for installing 981 kilometres of new buried pipeline alongside its existing pipeline and an expansion of the existing Westridge Marine oil terminal in Burnaby.
The plan also calls for installing 11 new pump stations and 21 storage tanks and facilities to help handle up to 890,000 barrels of crude per day.
Kinder Morgan says based on the level of public interest, it is asking that the proposal be subject to rigorous review under the National Energy Board and Canadian Environmental Assessment acts.
The company says it will file its full application for the project to the NEB late this year.
News from © The Canadian Press, 2013