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The Crude Report: The TMX series - Canadian heavy crude flows hit the Pacific markets
Manage episode 426358696 series 3583366
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The new 590,000 b/d Trans Mountain Expansion (TMX) pipeline has the potential to shift export patterns for heavy sour Canadian crude away from the US Gulf coast by adding new capacity out of Vancouver’s Westridge terminal, but some obstacles persist. Join Argus’ crude and LPG editorial manager Gus Vasquez and deputy editor Amanda Hilow in discussing the new pipeline, its purpose and early trade patterns surrounding its deliveries.
Key topics covered in the podcast:
- Canadian crude buyers seek a more efficient route to market
- Lingering logistical constraints after the commencement of TMX
- Crude grades being delivered via the pipeline
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