May startup of Trans Mountain pipeline expansion surprises analysts
Trans Mountain's announcement that its expanded oil pipeline would start commercial operations on May 1 has surprised analysts with an earlier-than-expected commencement on the long-delayed $34 billion project.
![May startup of Trans Mountain pipeline expansion surprises analysts](https://i.cbc.ca/1.7086994.1705530674!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/trans-mountain-decision-20230926.jpg)
![Bedford Consulting Group is already projecting that CEO pay will tick higher in 2024. The Trans Mountain expansion project, shown here under construction in Abbotsford, B.C., in May 2023, is expected to add over half a million barrels per day of Canadian oil export capacity. Cranes lower pipeline into a ditch with mountains in the background.](https://i.cbc.ca/1.7086994.1705530674!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/trans-mountain-decision-20230926.jpg)
Trans Mountain's announcement that its expanded oil pipeline would start commercial operations on May 1 has surprised analysts with an earlier-than-expected commencement on the long-delayed $34 billion project.