Bloomberg News

Kinder Trans Mountain Pipe Oversubscribed 56% in November

October 21, 2011

(Updates with estimated shipments on the mainline system in third paragraph.)

Oct. 21 (Bloomberg) -- Kinder Morgan Energy Partners LP’s November shipment requests for the Trans Mountain oil pipeline system exceeded capacity by 56 percent, according to a bulletin to shippers.

Subscriptions on the portion of the system delivering to refineries in British Columbia and Washington were 64 percent over capacity, the Houston-based company said the bulletin.

The Trans Mountain mainline system is expected to carry 280,920 barrels a day in November, down less than 1 percent from estimated October shipments of 281,000, according a notice received Sept. 21.

The Puget Sound line will carry 145,790 barrels a day next month, according to the bulletin.

The 715-mile (1,150-kilometer) Trans Mountain system runs from Edmonton, Alberta, to marketing terminals and refineries in central British Columbia, the Vancouver area and the Puget Sound region in Washington, according to the company’s website.

Products also move to California, the U.S. Gulf Coast and overseas through the Westridge marine terminal in Burnaby, British Columbia.

Nominations for “advanced timing” shipments to the Westridge dock were oversubscribed by 3 percent, according to the bulletin.

--Editors: Charlotte Porter, David Marino

To contact the reporter on this story: Aaron Clark in New York at aclark27@bloomberg.net

To contact the editor responsible for this story: David Marino at dmarino4@bloomberg.net


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