A made in Canada plan for Trans Mountain
UK-based EVRAZ has struck a deal with Kinder Morgan to supply about 800 km of pipe for the Trans Mountain Expansion Project (TMEP). The deal represents about 75% of the total length of pipe needed for the whole project.
About 250,000 tons of steel needed for the pipe will be sourced from EVRAZ’s recycled metal operations in Alberta, Saskatchewan, Manitoba and Ontario. The pipe will be manufactured at the company's Regina mill.
The deal is contingent on a final investment decision from Kinder Morgan's board. Last week, the company announced it will IPO its Canadian subsidiary in order to fund the $7.4 billion expansion, which runs 1,150 km from Edmonton to the Port of Vancouver. Construction is schedule to begin sometime this fall. The expanded line should be in-service by the end of 2019.
Kinder Morgan says more details on its procurement plans will be released as the project progresses.
EVRAZ is one of North American's largest producer of steel products for pipelines, rail and industrial materials.
EVRAZ & KINDER MORGAN TRANS MOUNTAIN ANNOUNCES PIPE SUPPLY AGREEMENT WITH SASKATCHEWAN STEELMAKER EVRAZ NORTH AMERICA