Trans Mountain pipeline running 80 per cent full, to load 22 oil tankers in Vancouver

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Trans Mountain pipeline running 80 per cent full, to load 22 oil tankers in Vancouver
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Trans Mountain Corp’s chief financial and strategy officer Mark Maki said so far the system is operating as expected

Twenty-two oil tankers are scheduled to load this month in Vancouver with crude from the expanded Trans Mountain pipeline, which is running around 80% full with a “little bit” of spot capacity also being used, a Trans Mountain executive said on Wednesday.

Eighty percent, or 707,000 bpd, of the pipeline’s capacity is reserved for long-term contracted shippers, while the remaining 20% is available to spot barrels. Traders and shipping sources had been concerned that logistical constraints at the port could limit tanker loadings at Westridge to less than 20 a month.

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