Canada likely to buy Trans Mountain pipeline project: Bloomberg

FAN Editor 6 years ago
FILE PHOTO: Replacement pipe is stored near crude oil storage tanks at Kinder Morgan's Trans Mountain Pipeline terminal in Kamloops
FILE PHOTO: Replacement pipe is stored near crude oil storage tanks at Kinder Morgan’s Trans Mountain Pipeline terminal in Kamloops, British Columbia, Canada, November 15, 2016. REUTERS/Chris Helgren/File Photo

May 29, 2018

(Reuters) – Canada is likely to buy Kinder Morgan Canada Ltd’s Trans Mountain oil pipeline and its proposed expansion project in an attempt to ensure that it is built, Bloomberg reported on Monday, citing a person familiar with the talks.

The deal could be announced as early as Tuesday, Bloomberg said https://bloom.bg/2GVVOL3.

(Reporting by Ismail Shakil in Bengaluru; Editing by Amrutha Gayathri)

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