Commodities

Canada's Trans Mountain still 'days away' from restarting pipeline

1 minute read

A pipe yard servicing government-owned oil pipeline operator Trans Mountain is seen in Kamloops, British Columbia, Canada June 7, 2021. REUTERS/Jennifer Gauthier

Nov 29 (Reuters) - Canada's Trans Mountain said on Monday it was "still days away" from restarting the key oil pipeline at a reduced capacity as heavy rains continue to impede restoration efforts.

The pipeline, owned by the Canadian government, ships 300,000 barrels a day of crude and refined products from Alberta to the Pacific Coast. It was temporarily shut down as heavy rains and flooding caused widespread disruption in parts of British Columbia.

The operator said assessments of the impacts from the latest storm are being undertaken with a focus on the Coldwater and Coquihalla regions.

Work was interrupted at some sites on Sunday due to high water accumulation or lack of access, the company added.

The company on Friday had said it was working toward restarting the oil pipeline at a reduced capacity this week.

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Reporting by Rithika Krishna in Bengaluru; Editing by Amy Caren Daniel and Krishna Chandra Eluri

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