CALGARY — The chief executive at Trans Mountain Corp. says there should be ample pipeline space to get Canadian crude oil to market until at least 2030 without the need for a whole new project being built from scratch.
Mark Maki says at the rate production has been growing, existing pipelines out of Alberta are on track to fill up around 2027 as they're currently configured.
But he says his company and other pipeline firms have small-scale projects in the works to retool their networks to boost throughput, which should give the industry a few more years' worth of runway to accommodate forecast production.
Maki says Trans Mountain has been testing the use of chemical additives to help crude flow more smoothly through the pipeline, which connects Alberta to a marine port near Vancouver.