Kinder Morgan Canada says it is still on track to start construction of the Trans Mountain expansion project in September as it released its first quarterly results since going public in May.
Company president Ian Anderson said in a news release the company is making progress on construction agreements and that he looks forward to continuing to work with the provincial government.
READ MORE: Kinder Morgan has raised $5.5 billion for Trans Mountain pipeline
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The company’s financial results came out a day after NDP Premier John Horgan was sworn in at the B.C. legislature. The NDP has vowed to use all tools available to stop the project.
Speaking after the ceremony on Tuesday, Horgan said the government will be briefed on the status of the legal cases against the pipeline and will be talking to the various ministries responsible for permitting the project.
READ MORE: Incoming Premier John Horgan outlines list of priorities
The Trans Mountain expansion already has all of its major regulatory permits in place, but analysts have noted that the NDP provincial government could disrupt the project by delaying minor permits like highway access.
The twinning of the Trans Mountain pipeline would nearly triple the capacity of the 1,150-kilometre line running from Edmonton to Burnaby, B.C. to 890,000 barrels of oil per day.
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