The government’s CAN$4.5 billion (US$3.4 billion) purchase of the pipeline and expansion project gave it to 22 July to co-market the pipeline with an eye to selling it to a third party.
A dozen parties are interested in the Trans Mountain oil pipeline, according to Bloomberg, but the Canadian government did not reach a deal to resell it before a marketing deadline with Kinder Morgan Inc. closed on Sunday.
The government’s CAN$4.5 billion (US$3.4 billion) purchase of the pipeline and expansion project gave it to 22 July to co-market the pipeline with an eye to selling it to a third party.
