With completion in sight, what's next for the Trans Mountain pipeline project? [BNN Bloomberg (Canada)]
Suncor Energy Inc. (SU)
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Source: BNN Bloomberg
Here's a look at what milestones to expect in the coming weeks as the massive pipeline gets ready to start shipping Canadian oil to the West Coast: Resolution of B.C. construction challenges: Crown corporation Trans Mountain Corp. has been dealing with construction-related challenges in the Fraser Valley between Hope and Chilliwack, where it encountered an "obstruction" when trying to pull the pipe into the horizontal hole that had been drilled for it. The setback forced the company to remove the pipe temporarily to address the issue, but Trans Mountain Corp. says it is nearing a resolution and expects to be able to re-install the pipe in that section within the next couple of weeks. Mechanical completion: This marks the final stage of physical construction of the pipeline. Once the challenging segment of pipe has been successfully pulled back into its location, Trans Mountain will be able to complete the "final weld," or what is formally known as mechanical completion. Leave T
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