DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Nia Williams - 2 Ismail Shakil - 2 CER - 1 Leslie Adler - 1 Bill Berkrot - 1 Justin Trudeau's - 1 Chrystia Freeland - 1 Marie - 1
Top related locs:
Coast Alberta Trans Burnaby , British Columbia France
Top related orgs:
OTTAWA - 2 Canadian - 2 Thomson - 2 Canada Energy Regulator - 1 Natural Resources - 1 Cenovus Energy - 1 Trans Mountain Corp - 1 Export Development - 1

Search resuls for: "Ismail Shakil Nia Williams"


2 mentions found


☆ Canada regulator to make preliminary decision on Trans Mountain expansion tolls
  + stars: | 2023-10-12 | by ( Ismail Shakil Nia Williams | Ismail Shakil | Nia Williams | ) www.reuters.com   time to read: +1 min
OTTAWA, Oct 12 (Reuters) - The Canada Energy Regulator (CER) said on Thursday it will make a preliminary decision on Trans Mountain Corp's proposed shipping tolls for its oil pipeline expansion project this autumn, before holding a hearing on the tolls next year. The timing of the decision aims to ensure interim tolls are in place when the pipeline expansion becomes operational, the regulator said in a statement. The 590,000 barrel-per-day Trans Mountain expansion project (TMEP) will nearly triple the flow of oil from the province of Alberta to Canada's Pacific Coast and is expected to start operating late in the first quarter of 2024. But shippers including Canadian Natural Resources (CNQ.TO) and Cenovus Energy (CVE.TO) are disputing the interim tolls proposed by Trans Mountain, arguing a portion of the base toll is too high. "After service begins on the TMEP and final costs are known, Trans Mountain can request approval from the Commission of the CER for final tolls," the regulator said.
Persons: CER, Nia Williams, Ismail Shakil, Leslie Adler, Bill Berkrot Organizations: OTTAWA, Canada Energy Regulator, Natural Resources, Cenovus Energy, Canadian, Thomson Locations: Alberta, Coast, Trans
☆ Canada commits to backing C$3 bln in new Trans Mountain oil pipeline loans
  + stars: | 2023-06-01 | by ( Ismail Shakil Nia Williams | Ismail Shakil | Nia Williams | ) www.reuters.com   time to read: +2 min
OTTAWA, June 1 (Reuters) - The Canadian government is backing up to C$3 billion ($2.24 billion) in loans for Trans Mountain Corp (TMC), the crown corporation building an over-budget and long-delayed oil pipeline expansion to Canada's Pacific Coast. Last year Liberal Prime Minister Justin Trudeau's government, which bought the Trans Mountain pipeline in 2018 to ensure the expansion project got built, provided a C$10 billion loan guarantee to TMC. The Trans Mountain Expansion will nearly triple the flow of crude from Alberta's oil sands to Burnaby, British Columbia, to 890,000 barrels per day and is intended to boost access to Asian refining markets. Finance Ministry spokeswoman Marie-France Faucher said the loan guarantee was "common practice" and did not reflect any new public spending. TMC is paying a fee to the government for the loan guarantee, she said.
Persons: Justin Trudeau's, Chrystia Freeland, Marie, France Faucher, Faucher, Stephen Ellis, Keith Stewart, Ismail Shakil, Nia Williams, Daniel Wallis, Richard Chang Organizations: OTTAWA, Canadian, Trans Mountain Corp, Export Development, Liberal, TMC, Finance, Morningstar, Greenpeace Canada, Thomson Locations: Coast, Burnaby , British Columbia, France
0 next >>
Total: 2