Oil Sands Pipeline Wins Bid to Hide Insurers From Activists
- Regulator lets Trans Mountain keep names confidential
- Insurers of the conduit have faced environmentalist pressure
Trans Mountain Pipeline LP’s effort to keep its insurers names confidential was accepted by regulators.
Photographer: Jonathan Hayward/CPThis article is for subscribers only.
Trans Mountain Pipeline LP’s effort to keep its insurers’ names confidential was accepted by regulators in a setback for environmental groups fighting to prevent development of the Canadian oil sands.
“Trans Mountain has satisfied the requirements for confidentiality,” Canada Energy Regulator said in its decision Thursday. “The names of Trans Mountain’s insurers could reasonably be expected to prejudice its competitive position in its dealing with potential insurers.”