Sources: Canada-U.S. oil pipeline is close to reaching capacity requirements

金十2026/05/05 10:23

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Golden Ten Data, May 5 – According to foreign media citing four informed sources, a proposed pipeline project to transport Canadian crude oil to the United States is close to securing the minimum commitment volumes required by oil companies, enabling the project to proceed. The project is a pipeline extending from Alberta, Canada, to Wyoming, United States. If successfully implemented, it is expected to increase Canada's crude oil exports to the US by more than 12%, providing Canada with much-needed pipeline export capacity. Last Thursday, Trump signed an executive order granting a permit for this cross-border project. According to the four informed sources, oil companies have already committed to ship at least 400,000 barrels per day through the pipeline, about 72% of its initial capacity of 550,000 barrels per day. According to regulatory documents submitted by Bridger, the project's final capacity can be expanded to 1.13 million barrels per day.

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Sources: Canada-U.S. oil pipeline is close to reaching capacity requirements

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