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Canada Fast-Tracks 1 Million-Bpd Pacific Link Oil Pipeline to Asia

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Canada Fast-Tracks 1 Million-Bpd Pacific Link Oil Pipeline to Asia | Gold market brief illustration

Canada is fast-tracking a proposed 1 million-barrel-per-day oil pipeline to the Pacific coast, giving Alberta another route to Asian buyers and another way around its overwhelming dependence on the U.S. market. Prime Minister Mark Carney said Thursday that Ottawa will list the project as one of national interest, sending it through a single federal review process that Ottawa aims to complete by September 1, 2027, potentially allowing construction to begin shortly afterward. The pipeline would run from Alberta to southern British Columbia, largely…

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