Kinder Morgan Pipeline Agreement Includes Investment Deadline and Hiring Priorities

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A deal reached between British Columbia and Trans Mountain reveals new details about Kinder Morgan’s timeline to approve investments for a proposed oil pipeline expansion and requirements to hire local workers.

The agreement, signed April 6, says the Kinder Morgan board of directors must reach a final investment decision by June 30 with news communicated by July 2 for the project to go ahead.

The project would twin an existing pipeline between Edmonton and Burnaby, B.C., tripling its capacity and increasing tanker traffic in the Burrard Inlet seven-fold.

Read full article here.

Vancouver Sun – Canadian Press – April 8, 2017.

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