Trans Mountain oil pipeline just shy of target for first-month loadings
on Canada's West Coast in the first full month of operation on the newly expanded Trans Mountain pipeline, according to vessel-tracking data on Sunday, slightly below the operator's forecast.
Total crude exports from Vancouver were around 350,000 barrels per day with the last two vessels for June-loading at the Westridge Marine terminal, as of Sunday. Reliance Industries bought 2 million barrels of Canadian crude for July delivery, a deal that involved four ship-to-ship transfers to load the oil onto a very large crude carrier offshore California. The oil is destined for Sikka, India, where the company operates the world's biggest refining complex.TMX did not immediately respond ahead of a long weekend in Canada. Phillips 66 and Marathon Petroleum declined to comment, while Valero did not reply to a request for comments.
Trans Mountain this month revised standards for accepting crude oil on its recently expanded system, alleviating worries about the acidity and vapor pressure of the line's crude oil.
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