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Canadian Crude-by-Rail Shipments to Surge, Spurring Investment

  • Gibson builds oil tanks and DRU at its Hardisty Terminal
  • Crude by rail exports to reach 550,000 barrels a day: Kenney
Oil tankers pass a refinery in Burnaby, British Columbia.

Oil tankers pass a refinery in Burnaby, British Columbia.

Photographer: Darryl Dyck/Bloomberg
Updated on

Canadian shipments of crude by rail are poised to surge next year, spurring investment in new export infrastructure.

Crude-by-rail capacity in Alberta is expected to grow by 100,000 barrels a day in December after the provincial government eased production limits for oil transported by train, the Energy Ministry said Wednesday. Western Canadian rail loadings had already climbed as high as 411,000 barrels a day in November despite a week-long Canadian National Railway Co. worker strike that disrupted shipments. Now they’re set to reach 550,000 barrels a day, Alberta Premier Jason Kenney said earlier this month.