Subhead:RBC analysis shows TMX operated near full capacity last month, with millions of barrels shipped to Asia and the United States.#
RBC analysis indicates the Trans Mountain expansion (TMX) pipeline operated near full capacity in April, based on oil tanker activity in British Columbia. A reported 28 tankers left Burnaby’s Westridge Marine Terminal last month.
A note indicates that April tanker volumes suggest TMX may have operated above its contracted capacity of 712,000 barrels per day.
RBC estimates full utilization would involve about 30 tanker loadings. The pipeline has a total capacity of 890,000 barrels per day.
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In April, California received 115 shipments of Canadian crude, totalling about 38.1 million barrels, according to a bank’s tanker tracking tool. Trans Mountain also shipped oil to Alaska and Washington state.
The majority of Trans Mountain oil shipments to Asia went to China (80), followed by South Korea (4), Japan (2), Brunei (1), and Indonesia (1), reported the Epoch Times.
Recent trade uncertainty involving U.S. tariffs has intensified the debate around pipelines. Oil, Canada’s top export, is primarily shipped to the United States.
Western Canadian oil lacks a pipeline to Eastern Canada, forcing those regions to rely on oil imports from the U.S. and other foreign nations.
