March 22 Kinder Morgan Inc said it had
booked all of the 22,000 barrels per day of capacity it had
offered to the oil industry on its Canadian Trans Mountain
pipeline expansion project earlier this month, following a dip
in shipper commitments.
The current Trans Mountain pipeline between the
oil-producing province of Alberta and the west coast is
routinely oversubscribed, and the expansion has had strong
support from Canadian oil sands shippers.
Kinder Morgan said two weeks ago commitment for the pipeline
project had dipped 3 percent, or 22,000 barrels per day, after
the U.S. pipeline company hiked tolls.
On March 9, the company offered that capacity through a
so-called "open season", during which potential customers can
sign up for a part of a pipeline's capacity rights.
Canada's government in November approved Kinder Morgan's
plan to nearly triple the crude pipeline to 890,000 barrels per
(Reporting by John Benny in Bengaluru; Editing by Sai Sachin