Kinder Morgan's $136 million pipeline 'war chest' to be paid by Canadians

Uechi, Jenny

Publisher:  Vancouver Observer
Date Written:  01/07/2014
Year Published:  2014  
Resource Type:  Article
Cx Number:  CX17194

In what an economist calls an "unfair" decision, the National Energy Board has allowed Kinder Morgan to build a $136 million 'war chest' to fund its Trans Mountain pipeline expansion application through shipping surcharges. The charge, called a "firm service fee", allows Texas-based pipeline company Kinder Morgan to offload the cost of the pipeline application to Canadian shippers.

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