January 10, 2024 [Reuters]- The Canada Energy Regulator (CER) will conduct a hearing on Friday about Trans Mountain Corp’s (TMC.UL) request for a change in construction to complete expansion of its oil pipeline from Alberta to British Columbia, according to a filing on Monday.
The CER said in a letter to the Canadian government-owned pipeline company filed on the regulator’s website that it needs more information about a change the company is requesting on its construction method and will conduct an oral hearing in Calgary.
The CER denied the request on Dec. 5, later saying that the application did not adequately address concerns about pipeline integrity and the environment. Trans Mountain then asked the regulator to reverse that decision on Dec. 14, warning of a possibly “catastrophic” two-year delay and billions of dollars in losses.
The regulator did not say when it would announce a decision.
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