Corridor Oil Pipeline
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Corridor Oil Pipeline is an oil pipeline in Canada.[1]
Location
The pipeline runs from Fort McMurray, Alberta, to Edmonton, Alberta.
Project Details
- Operator: Inter Pipeline[1]
- Owner: Inter Pipeline[1]
- Parent company: Inter Pipeline[1]
- Capacity: 465,000 barrels per day[2]
- Length: 1046 kilometers[3]
- Diameter:
- Status: Operating[4]
- Start year: 2003[5]
- Cost:
- Financing:
- Associated infrastructure:
Background
The Corridor pipeline system transports bitumen from the Athabasca Oil Sands Project (AOSP) near Fort McMurray, Alberta to the oil processing and marketing hub near Edmonton, Alberta.[1] Corridor began commercial operations in May 2003, and comprises 1,000 kilometres of pipeline. The pipeline was owned by Houston-based Kinder Morgan, and the Athabasca Oil Sands Project (AOSP) by Shell, Chevron, and Western Oil Sands.[5]
In March 2007 Calgary-based Inter Pipeline acquired the Corridor Pipeline from Kinder Morgan for C$275 million in cash and C$485 million in debt. As a result of the acquisition, Inter Pipeline assumed responsibility for the completion of a C$1.8 billion expansion of Corridor from 280,000 barrels per day to 465,000 barrels per day capacity by 2010.[5][2]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 Corridor Oil Pipeline , A Barrel Full, accessed September 2017
- ↑ 2.0 2.1 "Inter Pipeline to buy Corridor for C$760 million". Reuters. 2007-03-05.
- ↑ "Corridor System Canada". Offshore Technology. October 29, 2021.
- ↑ Interpipeline, Accessed Feb 2023
- ↑ 5.0 5.1 5.2 "Inter Pipeline Fund Announces Acquisition of Corridor Oil Sands Pipeline System," Inter Pipeline, March 5, 2007
