Canada Ships First Crude To Alaska In A Decade Via Expanded Trans Mountain Pipeline

For the first time in at least ten years, a tanker carrying Canadian crude oil was shipped from Vancouver to Alaska.

The shipment, which left Vancouver on October 1, delivered 466,000 barrels of oil and arrived in Nikisi, Alaska, ten days later, per Vortexa tanker tracking data.

This is the first such shipment recorded in U.S. Customs data since 2014. The oil was bound for the Marathon Kenai refinery, according to Vortexa analyst Rohit Rathod.

The move follows the recent expansion of the Trans Mountain pipeline, which can now transport around 900,000 barrels of crude oil per day.

The pipeline carries oil from Canada’s oil sands to a port near Vancouver, and it began expanded operations earlier this year.

Since then, tankers have left Vancouver for several countries, including China, South Korea, Brunei, and India, greatly expanding the potential for export.

Previously, most crude oil shipments from Vancouver have gone south to California or Washington state.

The journey to Alaska is significant not only because the crude came from Canada but also because of the shortage of international tanker shipments to Nikisi.

Only five such shipments have occurred during the last four years, with two from Argentina this year and two from Russia in 2021.

Reference: BNN Bloomberg, FinancialPost

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Source: Maritime Shipping News