major bad news

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Fraser921
Posts: 3018
Joined: Mon Mar 22, 2021 11:48 am

major bad news

Post by Fraser921 »

https://www.bnnbloomberg.ca/trans-mountain-pipeline-project-faces-further-delay-1.2027995
Fraser921
Posts: 3018
Joined: Mon Mar 22, 2021 11:48 am

Re: major bad news

Post by Fraser921 »

https://boereport.com/2024/01/29/trans-mountain-expansion-runs-into-technical-issues-completion-delay-possible/
dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Re: major bad news

Post by dan_s »

Trans Mountain press released the following yesterday afternoon. “During the pipeline pullback activity for the Mountain 3 Horizontal Directional Drill (HDD) between January 25 and 27, 2024, Trans Mountain encountered technical issues which will result in additional time to determine the safest and most prudent actions for minimizing further delay. Trans Mountain is fully focused on the completion of the pipeline… as it works towards the anticipated in-service date in the second quarter of 2024.”

They haven’t adjusted any timing of line fill yet but we will have to see.

Don Simmons
President & CEO
Hemisphere

MY TAKE: Try not to freak out each time "news" is released by our media. Bad news gets more clicks. The Trans Mountain Pipeline is an extremely important asset for Canada. It will get completed, probably in a few months.
Dan Steffens
Energy Prospectus Group
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