NEB approves Kinder Morgan’s Trans Mountain pipeline expansion with 157 conditions

, Bitcoin News

Pipeline at the Kinder Morgan Trans Mountain Expansion Project in Burnaby, B.C.

CALGARY – The National Energy Board has determined that the Trans Mountain pipeline expansion that would move heavy oil from Alberta to the West Coast is in the public interest. But the regulator also imposed 157 conditions, including, for the first time, that the project must detail plans to reduce and offset carbon emissions.

The federal energy regulator recommended Thursday that Ottawa approve Kinder Morgan’s $6.8-billion project to expand oil shipments day to 890,000 barrels of oil per day from 300,000 bpd on its Trans Mountain pipeline system, as long as the company meets a series conditions limiting the project’s effects on the environment and aboriginal communities.

For the first time, the NEB is requiring the company to provide a plan, to be filed four months after the project’s start up, for offsetting all of the greenhouse gasses generated from the construction of the pipeline.

FP0507_TransMountain_C_JR

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