Pipelines, energy and natural resources

[Brad Sallows]

Technically there may be no veto. (Whenever consent is a condition, there is a veto.) Practically, the way the politics work there is in many cases effectively a veto.

 

[QV]

you are clutching at straws. Partnership requires a signature. A signature implies agreement. But the other conditions are dealbreakers as well. There is supposed to be an agreement on the carbon capture programme that has also hit the wall. Carney's conditions were designed to fail. imho

Even in the current world state, Canada is happy to over-regulate. There is no national urgency for this, it is in fact designed to be slow walked until failure.

 

[lenaitch]

The boundaries of government-FN relationships have not been well tested. If a bottom line says that consent must be given - and it is not - then it is an effective veto.

 

[daftandbarmy]

Pitter patter..

https://x.com/i/trending/2035143842249478286

 

[MilEME09]

Well business case for not shipping to america......#4

https://twitter.com/x/status/2036238788335108571

 

[HavokFour]

Well business case for not shipping to america......#4

https://twitter.com/x/status/2036238788335108571

Same facility had similar incidents happen in 2017, 2022, and 2024.

 

[daftandbarmy]

Same facility had similar incidents happen in 2017, 2022, and 2024.

Like a sawmill I worked in once...

It had been assembled from the surviving parts from three mills that had burned down, then burned down after I left (I have a solid alibi ... )

 

[daftandbarmy]

Sounds a little too positive...

https://twitter.com/x/status/2036210941373591828

 

[Czech_pivo]

Trans Mountain will be at capacity by next month, April, over 18+months ahead of schedule.

That capacity will be at 890,000 barrels/day.

They are spending another 9$ million (which is absolute peanuts) by Jan 2027 to add 'drag reducing agents' that will increase the flow by 10%. That will bring the number of barrels/day to 979,000.

In addition, they are constructing more pumping stations that will be completed in 2028. That will add another 360,000 barrels/day to the pipeline.

By the 2028 Trans Mountain will be shipping 1,339,000 barrels/day to the docks for shipping somewhere in the world.

At 70$ USD/barrel that's 93.7m USD/day or 34.2b USD a year.

https://www.cbc.ca/news/canada/calgary/bakx-tmx-trans-mountain-oil-pipeline-full-ceraweek-9.7142587

 

[Colin Parkinson]

Also LNGCanada is looking to build a 2nd train as well

LNG Canada, Coastal GasLink sign pipeline deal

The companies behind the Coastal GasLink pipeline and the massive LNG Canada facility in Kitimat have signed agreements.

vancouver.citynews.ca

 

[Czech_pivo]

Trans Mountain will be at capacity by next month, April, over 18+months ahead of schedule.

That capacity will be at 890,000 barrels/day.

They are spending another 9$ million (which is absolute peanuts) by Jan 2027 to add 'drag reducing agents' that will increase the flow by 10%. That will bring the number of barrels/day to 979,000.

In addition, they are constructing more pumping stations that will be completed in 2028. That will add another 360,000 barrels/day to the pipeline.

By the 2028 Trans Mountain will be shipping 1,339,000 barrels/day to the docks for shipping somewhere in the world.

At 70$ USD/barrel that's 93.7m USD/day or 34.2b USD a year.

https://www.cbc.ca/news/canada/calgary/bakx-tmx-trans-mountain-oil-pipeline-full-ceraweek-9.7142587

To further expand on this.

In 2024 Canada exported around 4.2m barrels/day. These expansions to Trans Mountain will result in a 10+% increase in the amount of oil exports on a daily basis. By 2028, with no other expansions or additions, exported oil will be at 4.7m barrels a day. That places us as the 4th largest producer and exporter in the world. Which lines up with us having the 4th largest oil reserves in the world.

 

[Kirkhill]

To further expand on this.

In 2024 Canada exported around 4.2m barrels/day. These expansions to Trans Mountain will result in a 10+% increase in the amount of oil exports on a daily basis. By 2028, with no other expansions or additions, exported oil will be at 4.7m barrels a day. That places us as the 4th largest producer and exporter in the world. Which lines up with us having the 4th largest oil reserves in the world.

I hear the word of the day is "re-export" as in the oil that we export to the US is re-exported to those Asian markets we can't supply by the US Gulf Goast ports.

Much of it without further processing.

Too bad we didn't have any leverage to get a better deal on our WCS.