Varcoe: Canadian pipeline industry on 'edge of something really big' as more projects advance 'Now, there's a lot of pieces on the board, but they're not all connected yet' |
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Varcoe: Canadian pipeline industry on 'edge of something really big' as more projects advance
'Now, there's a lot of pieces on the board, but they're not all connected yet'
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The timing may be tight, but it appears the Canadian oilpatch will be able to keep adding production without exhausting all available pipeline space in the coming months.
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With a string of new pipeline expansions and projects progressing, it’s providing industry leaders and analysts confidence in the ability to add more egress, as was done in the early 2000s.
It’s also a far different outlook for the sector than in the past decade, which saw several large projects derailed or stuck in regulatory and legal limbo.
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