Trans Mountain oil pipeline overbooked for June

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Trans Mountain oil pipeline overbooked for June

Trans Mountain oil pipeline overbooked for June

CALGARY — Kinder Morgan Energy Partners said on Wednesday that shippers on its Trans Mountain oil pipeline system to Canada’s west coast from Alberta will be able to move just 32 per cent of nominated volumes in June due to overbooking.

Kinder Morgan said uncommitted tanker nominations at the Westridge Dock in Vancouver are oversubscribed by 88 per cent and land-based nominations are overbooked by 70 per cent.

That results in an overall system oversubscription of 68 per cent, the company said.

[VancouverSun.com]