Trudeau’s Mega Pipeline Promises to Redraw Global Oil Flows
- Trans Mountain project to bring 600,000 barrels to new markets
- China, India among possible top destinations for crude
Pieces of the Trans Mountain Pipeline near Hope, British Columbia, Canada.
Photographer: Cole Burston/AFP/Getty ImagesThis article is for subscribers only.
Canada, home to the world’s third-largest crude deposits, is poised to reshuffle global oil flows next year.
The nearly completed expansion of the Trans Mountain pipeline promises to vault Canada into a new role in global markets by transporting an additional 600,000 barrels a day — on par with the daily output of Azerbaijan — from the country’s vast oil sands to a port on the Pacific Coast.