Suncor has an interest in all the major pipelines that are currently proposed and/or approved (Keystone XL, Line 3 and Trans Mountain), but, it’s important to note,no single pipeline will affect our ability to execute our growth plans. And, because pipeline projects take several years to approve, develop and make operational, it also makes sense for us to tap into existing rail and marine networks to transport our products to market.
Market access highlights
- In late 2016, the Government of Canada provided approvals for the Trans Mountain Expansion and Line 3 replacement, while denying the Northern Gateway project application.
- In March 2017, President Trump issued a presidential permit for the Keystone XL project.
- In October 2017, TransCanada announces cancellation of its Energy East pipeline project.
- In January 2018, in response to continued delays in receiving municipal permits, the National Energy Board (NEB) ruled that Kinder Morgan could bypass such permits to start construction work on its Trans Mountain Expansion, at the Burnaby and Westridge Marine terminals. In March, Canada’s Federal Court of Appeal upheld this ruling after it was challenged by the British Columbia government.
- In May 2018, the Government of Canada announced plans to purchase the Trans Mountain pipeline and related infrastructure from Kinder Morgan.
- Suncor will continue to work with governments, regulators, industry associations and stakeholders in support of market access objectives.