Home » BLOG » Kinder Morgan should compensate Surrey, B.C. if Trans Mountain pipeline approved, city says

Kinder Morgan should compensate Surrey, B.C. if Trans Mountain pipeline approved, city says

Two women sit outside the offices of the National Energy Board to protest Kinder Morgan's Trans Mountain pipeline expansion, in Vancouver, B.C., on Monday January 18, 2016.

BURNABY, B.C. C The nation’s Energy Board got an earful Tuesday around the first day of hearings into Kinder Morgan Canada Ltd.’s intend to expand its Trans Mountain pipeline network towards the West Coast.

Amid protests and marches outside, an NEB panel was told its process is “out-dated,” it does not have the authority to see whether First Nations have been consulted which, overall, the $5.4 billion project shouldn’t be approved.

Anthony Capuccinello, solicitor for that Town of Surrey, through which the pipeline runs, was the very first intervenor in summary his city’s arguments regarding the pipeline.

Lawyers for other local municipalities, First Nations and non-governmental organizations are preparing final oral submissions over the next fourteen days on the project, which would expand the Trans Mountain system’s capacity to deliver oil from Alberta to the West Coast by 590,000 barrels each day.

Related

About privatefinancetips

x

Check Also

U.S. job growth slows and profits tumble as a strong dollar and cheap oil undercut earnings

WASHINGTON – U.S. economic growth slowed within the fourth quarter, although not as sharply as ...

The REIT sector’s next challenge: CEO succession and board renewal

Getting there C with new chief executives and groups of new directors for that firms ...

Commodities could be headed for ‘buffalo jump’ as investors rush for the exits, Barclays warns

Commodities including oil and copper are in chance of steep declines as recent advances aren’t ...