‘I am not giving up on this’: Kinder Morgan president vows to fight for Trans Mountain – by Claudia Cattaneo (Financial Post – February 8, 2018)

http://business.financialpost.com/

If the point of the British Columbia government’s continuing tantrums against bitumen pipelines is to get proponent Kinder Morgan Canada Ltd. to quit in frustration, it’s not working.

President Ian Anderson, who has led the proposal to expand the Trans Mountain pipeline through years of erratic B.C. politics, said the project is staying the course — even if it’s moving forward at a slower pace than he or his investors would like.

“I am not giving up on this,” he said in an interview Wednesday. “We fought too long and too hard.” The battle to expand the capacity of Kinder Morgan’s Alberta-to-West Coast pipeline has escalated into an ugly trade war between neighbouring provinces.

Alberta NDP premier Rachel Notley announced a boycott of B.C. wines Tuesday after cancelling talks to buy B.C. electricity. More economic retaliation could be on the way.

She was reacting to yet another stalling tactic by the B.C. government – a plan by minister of environment and climate change strategy George Heyman to impose more regulations on bitumen transportation, including “restrictions on the increase of diluted bitumen transportation until the behaviour of spilled bitumen can be better understood and there is certainty regarding the ability to adequately mitigate spills.”

For the rest of this article: http://business.financialpost.com/commodities/energy/i-am-not-giving-up-on-this-kinder-morgan-president-vows-to-fight-for-trans-mountain

Comments are closed.