Trans mountain pipeline update
Trans Mountain received a ruling from the Canada Energy Regulator (CER) on September 25, 2023, that approved our proposed deviation to
pipeline routing within the previously agreed to right-of-way on Stk’emlúpsemc te Secwépemc (SSN) lands near Pipsell (Jacko Lake), BC.
https://www.transmountain.com/news/2023/canada-energy-regulator-issues-decision-on-trans-mountains-deviation-application
This means it will be completed sooner than otherwise.
The Trans mountain pipeline will be used to transport production from Alberta/ Edmonton to Canada western city port in Vancouver whose new docks are ready for shipping to around the world bringing down transport cost and allowing targeting of end markets in Indonesia, Japan, China where more lucrative prices can be obtained.
This pipeline will bring cost down significantly.
Caveat:
I am a amateur investor so these are my personal estimates and in no way constitute investment advice or trading advice and best to consider this as speculation. I share my amateur insights in the hope that other will share theirs.
.
Calculate don't speculate
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