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Canada Rethinks Selling Its Crown Jewel Pipeline
Canada Rethinks Selling Its Crown Jewel Pipeline
Authored by Charles Kennedy via OilPrice.com,
The Canadian federal government may reconsider a plan to privatize the Trans Mountain oil pipeline.
Since the expanded TMX pipeline launched in 2024, exports to Asia—especially China—have surged, with up to 70% of shipments from British Columbia heading to Asian buyers by late 2025.
Officials now see TMX as a highly profitable “strategically important asset,” with potential for further expansion
The Canadian federal government may reconsider a plan to privatize the Trans Mountain oil pipeline and keep it state-owned amid a...
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