Expanded Trans Mountain Pipeline's sale is complicated by uncertain toll rates and limited buyer interest.

The Trans Mountain Pipeline, expanded to a cost of $34 billion, faces a sale process complicated by uncertain toll rates and potential buyer interest. First Nations groups, notably the Western Indigenous Pipeline Group, are considering a purchase, but final toll rates, crucial for determining the pipeline's value, have been delayed until May 2025. This delay adds political uncertainty, with some shippers arguing that proposed toll rates could raise fuel prices.

November 29, 2024
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