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Stock impact report

Trudeau's Mega Oil Pipeline Startup Date Hangs on Final 1.6-Mile Leg [BNN Bloomberg (Canada)]

Kinder Morgan, Inc. (KMI) 
Last kinder morgan, inc. earnings: 4/22 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.kindermorgan.com
Company Research Source: BNN Bloomberg
“The next few weeks will be very important in terms of being able to enter service in the second quarter,” Trans Mountain's Chief Financial and Strategy Officer Mark Maki said in a interview during the CERAWeek by S&P Global conference on Wednesday. “We are feeling better and better every day about the startup.” The last 1.6-mile (2.5-kilometer) segment is being enlarged to make space for pipe with a diameter of about 2 1/2 feet. After construction and testing, the entire line will be flooded with crude oil for the first time, a crucial step in commencing service. Partial filling has been taking place at each of the segments since last summer and roughly 2.1 million barrels will be pumped into the line once construction is complete. Maki didn't have a firm date on when in the second quarter the line would commence service, despite news reports citing Alberta Premier Danielle Smith saying it would happen in May. The expansion of Trans Mountain, first devised 12 ago, is a pet p Show less Read more
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