Trans Mountain construction could restart in 2019, says CEO
CALGARY — The president and CEO of Trans Mountain Corp. said its sidelined pipeline project could be back on track by next year under a new National Energy Board hearing schedule, setting it up for a possible 2022 opening date.
The timeline unveiled by the federal pipeline regulator on Wednesday is “reasonable and fair,” said Ian Anderson, the former CEO of Kinder Morgan Canada who became head of the resulting Crown corporation when Ottawa closed its $4.5-billion purchase of the pipeline and its expansion project in September.
He told reporters in Calgary it’s possible construction that was halted when the Federal Court of Appeal overturned the expansion project’s NEB approval in late August could be restarted in 2019.
“If things go according to the timeline that’s been now started with the NEB and they have a recommendation by the middle of February and the government takes a few months for additional consultation, an order-in-council could be as early as next summer.”
He added construction is expected to take 30 months, depending upon seasonal adjustments, which would mean the pipeline could be operational in 2022, two years later than the most recent predicted in-service date.
Environmentalists were quick to criticize the NEB’s schedule, which calls for public comments by next Wednesday on draft factors for the environmental assessment, the draft list of issues to be considered in the hearing and on the design of the hearing process itself.