Trans Mountain eyes pipeline capacity increase by early 2027
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(Bloomberg) — The Trans Mountain pipeline could handle an additional 75,000 barrels of crude a day by a early 2027, the government-owned company's top executive said, potentially helping Canadian oil producers expand shipments to non-US markets.
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Chemicals that make crude flow more easily through the line could be used in less than two years as a first stage of the capacity increase, Trans Mountain CEO Mark Maki told reporters at a conference in Calgary. After that, increased pumping power could boost flows to about 1.14 million barrels a day, but that would require dredging the nearby waterway to allow tankers to carry more oil.
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Trans Mountain, running from Alberta to a marine terminal near Vancouver, had its capacity increased to as much as 890,000 barrels a day when a twin pipeline was completed along its route a year ago.
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Dredging 'reduces the number of tankers that have to transit,' Maki said. 'It's an important piece' of optimizing the line.
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Pressure has been growing for Canada to find new export outlets for its oil since President Donald Trump threatened tariffs on the country earlier this year. Canada ships most of its oil to the US due to a lack of pipelines to domestic ports.
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Alberta Premier Danielle Smith is pressing Prime Minister Mark Carney for a new 1 million barrel-a-day line running from Alberta to the northern British Columbia city of Prince Rupert and is offering to backstop the project by pledging oil for the line that the province collects as royalties. Alberta has reached out to pipeline companies about building such a new line, she said Wednesday.
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'She's talked, I'm sure, to every pipeline company, including us,' Maki said. Optimizing 'the existing kit is the first priority for us.'
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The Trans Mountain system is running at about 85% of its capacity because western Canadian oil production hasn't yet increased enough to fill the system, Maki said. Trans Mountain projects the system will fill by 2027 or 2028, he said.
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The Canadian government — which acquired Trans Mountain in 2018 when previous owner Kinder Morgan Inc. threatened to scrap the expansion amid opposition in BC — has pledged to sell the pipeline. Such a sale shouldn't be done too quickly, Maki said. Trans Mountain's value would increase once it's optimized and final tolls have been set, he said.
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About Cisco Cisco is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @Cisco. Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at Third-party trademarks mentioned are the property of their respective owners. The use of the word 'partner' does not imply a partnership relationship between Cisco and any other company. About the Research These are the findings of a study/survey conducted by Cisco from April 15 th to April 23 rd 2025 among a representative sample of 1501 online Canadians who are members of the Angus Reid Forum and 300 online Canadian Businesses who are members of the Angus Reid Forum. The survey was conducted in English and French. For comparison purposes only, a probability sample of these sizes would carry a margin of error of +/- 2.5 percentage points, 19 times out of 20 among Canadians and a margin of error of +/- 5.7 percentage points, 19 times out of 20 among Canadian Businesses. SOURCE Cisco Media Contact: Samantha Campana, Communications Lead, Cisco Canada, [email protected]
