Trans Mountain Seeks Takers for Additional Capacity

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Trans Mountain Corp. is planning to invite oil producers to sign up for more capacity on its recently expanded pipeline, boosting said capacity by some 70,000 barrels daily with the application of drag-reducing substances. Bloomberg reported the news, citing Trans Mountain Corp.’s chief executive, Mark Maki. The capacity boost should take place by the end of 2026 or early 2027, he added. Maki first mentioned the possibility of a further capacity boost to the pipeline earlier this year, when he said that boost could be 75,000 barrels daily,…