Energy Export

Alberta, Canada Advance New West Coast Oil Pipeline to Asian Markets

Alberta, Canada Advance New West Coast Oil Pipeline to Asian Markets

Calgary (Rajeev Sharma): The governments of Alberta and Canada have finalized major elements of the Alberta Canada Energy Memorandum of Understanding, paving the way for a new west coast oil pipeline that could begin construction as early as Sept. 1, 2027. The agreement, announced on May 15, 2026, is aimed at expanding Canada’s energy exports to Asian and global markets while reducing regulatory uncertainty for investors and industry partners. The proposed Indigenous co-owned pipeline would transport more than one million barrels of oil per day to a west coast export terminal, helping Canada diversify beyond reliance on a single energy…
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