Kinder Morgan's $136 million pipeline 'war chest' to be paid by Canadians
Uechi, Jenny http://www.vancouverobserver.com/news/kinder-morgans-136-million-pipeline-war-chest-be-paid-canadians
Publisher: Vancouver Observer
Date Written: 01/07/2014
Year Published: 2014
Resource Type: Article
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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