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Kinder Morgan Canada wins appeal over Trans Mountain expansion


Reuters

CALGARY, Alberta, Dec 7 (Reuters) - Canada's energy regulator on Thursday ruled in favor of Kinder Morgan Canada Ltd in its appeal over municipal permits for the company's C$7.4 billion ($5.8 billion) Trans Mountain pipeline expansion.

The company, a unit of Houston-based Kinder Morgan Inc, can proceed with construction work without complying with certain bylaws from the city of Burnaby, British Columbia, through which the pipeline passes, the regulator said.


CALGARY, Alberta, Dec 7 (Reuters) - Canada's energy regulator on Thursday ruled in favor of Kinder Morgan Canada Ltd in its appeal over municipal permits for the company's C$7.4 billion ($5.8 billion) Trans Mountain pipeline expansion.

The company, a unit of Houston-based Kinder Morgan Inc, can proceed with construction work without complying with certain bylaws from the city of Burnaby, British Columbia, through which the pipeline passes, the regulator said.




This article appears in: Stocks , World Markets , Economy , Real Estate , Oil
Referenced Symbols: KMI


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