The Financial Post reports in its Thursday, Aug. 6, edition that Alberta's West Coast pipeline is open for public review and may be fast-tracked by Ottawa as a project in the national interest. Postmedia's Graison Foster writes that listing the project streamlines federal approvals and empowers the Major Projects Office to set conditions.
The Alberta government hopes that construction could start as early as Sept. 1, 2027.
The pipeline would extend 1,250 kilometres from Bruderheim, northeast of Edmonton, to a marine terminal in Southern British Columbia. It aims to transport a million barrels a day to tankers for Asia, mostly following the Trans Mountain corridor and needing no changes to the northern coast tanker ban.
Alberta's submission pegs the build at $35.2-billion to $43.7-billion -- the pricey neighbourhood the Trans Mountain expansion ended up in after it was supposed to cost $5.4 billion.
Ownership is split largely between Trans Mountain, and the Alberta Petroleum Marketing Commission. Trans Mountain would build and run the line while Pembina Pipeline would take 10 per cent through construction, with room to go higher once oil is flowing. Pembina said it's targeting September for definitive agreements.
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