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Trans Mountain expansion has Canadian crude going to Alaska

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A tanker of Canadian crude was shipped from Vancouver to Alaska for the primary time in no less than 10 years because the not too long ago expanded Trans Mountain pipeline opens up new export alternatives.

The cargo of 466,000 barrels of oil left on a tanker from Vancouver on Oct. 1 and arrived 10 days later in Nikisi, Alaska, in accordance with the Vortexa tanker-tracking service. That’s the primary such cargo in U.S. Customs knowledge stretching again to 2014. The cargo went to the Marathon Kenai refinery, Vortexa analyst Rohit Rathod mentioned in an electronic mail.

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The expanded Trans Mountain pipeline — which carries crude from Canada’s oil sands to a port close to Vancouver — started operation earlier this yr, bringing the road’s capability as much as nearly 900,000 barrels a day and growing exports to refineries on the U.S. West Coast and in Asia. Tankers have since left Vancouver for China, South Korea, Brunei and India, amongst different areas.

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Many of the crude that’s gone from Vancouver to the U.S. travels south to California or Washington State. The cargo to Alaska, a serious oil-producing state within the U.S., is uncommon not simply because it originated from Canada. Solely 5 worldwide tanker shipments of crude have gone to Nikisi up to now 4 years, together with two from Argentina this yr and two from Russia in 2021.

With help from Lucia Kassai

Bloomberg.com

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