Sunday, 23 February 2025
Home Topics Business Trans Mountain Pipeline interim tolls hearing scheduled for May next year
BusinessCourtsFuelNewsOilPoliticsRegulations

Trans Mountain Pipeline interim tolls hearing scheduled for May next year

91
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)

Related Articles

FILE PHOTO: U.S. Secretary of the Interior Doug Burgum speaks as he attends a signing ceremony with members of the West Virginia Congressional Delegation at the EPA headquarters in Washington, D.C., U.S., February 18, 2025. REUTERS/Kent Nishimura/File Photo

US energy council chief says power plants to produce 15% more electricity

By Valerie Volcovici WASHINGTON (Reuters) – U.S. Interior Secretary and co-chair of...

Lilium burnt through huge sums while trying to develop its jet (AFP)

German flying taxi start-up’s rescue deal collapses

A German flying taxi start-up said on Friday it would halt operations...

Cuba has inaugurated a new solar energy park in the capital Havana (AFP)

Cuba opens solar park hoping to stave off blackouts

Cuba on Friday unveiled a new solar energy park in the capital...

FILE PHOTO: Cranes unload imported iron ore from a cargo vessel at a port in Lianyungang, Jiangsu province, China October 27, 2019. REUTERS/Stringer/File Photo

Iron ore heads for weekly gain on brightening demand outlook, China stimulus hopes

By Amy Lv and Lewis Jackson BEIJING (Reuters) -Iron ore futures prices...

Login into your Account

Please login to like, dislike or bookmark this article.