Friday, 24 January 2025
Home Topics Business Trans Mountain Pipeline interim tolls hearing scheduled for May next year
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Trans Mountain Pipeline interim tolls hearing scheduled for May next year

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FILE PHOTO: A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024.   REUTERS/Jennifer Gauthier/File Photo
A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024. — REUTERS/Jennifer Gauthier/File Photo

The Canada Energy Regulator (CER) on Tuesday said the Trans Mountain final interim tolls oral hearing related to its pipeline expansion is scheduled to start on May 14 with final argument to take place in the summer of 2025.

Trans Mountain pipeline expansion (TMX) entered partial operation in May, years behind schedule and at more than four times the original cost.

TMX has had to raise tolls to recoup some costs. The shippers are disputing the rate increase.

In April, the CER approved a request from shippers to disclose additional detailed cost and expense information.

“The Commission adjusted the timeline proposed by the parties, due to the increased volume and complexity of records that must be assessed during this proceeding,” the regulator said in a statement.

(Reporting by Brijesh Patel in Bengaluru; Editing by Marguerita Choy)

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