NorthAmOil: Sinochem buys one of first cargoes from Trans Mountain
by Roberta Harrington in Los Angeles 22 March 2024
Sinochem Group of China has acquired one of the first oil cargoes that will be shipped through the expanded Trans Mountain pipeline in Canada, reports Bloomberg.
Sinochem purchased a 550,000-barrel cargo of Access Western Blend from
The Trans Mountain expansion nearly triples the capacity of the pipeline, from land-locked Alberta across the Rockies to the coast of British Columbia. Analysts had predicted that crude from the pipeline would be sold to Asia and California.
The government-owned Trans Mountain Corp has meanwhile started line filling the pipeline, in stages, reported Reuters.
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