SUGAR LAND, Texas, June 15, 2017 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--Growing demand for product from the Canadian oil sands is driving much of the project growth in Western Canada this year, notably for energy-related infrastructure. Industrial Info is tracking more than $27 billion in active projects set to begin construction in Western Canada in the second half of the year, including nearly $15 billion in Oil & Gas Industry projects.
Particularly relevant is the growth in oil and gas transmission. Earlier this week, the Canadian Association of Petroleum Producers (CAPP) announced in its 2017 Crude Oil Forecast, Markets and Transportation report that Canada will need enough pipeline capacity in the next 13 years to transport an additional 1.3 million barrels per day (BBL/d) of oil sands product to markets across North America.
Within this article: Details on a variety of project starts slated for Western Canada for the remainder of the year, including those from industry heavyweights such as Kinder Morgan Incorporated, TransCanada Corporation, Pembina Pipeline Corporation, Brion Energy Corporation, Cenovus Energy Incorporated, AltaGas Limited, Royal Vopak N.V., SaskPower and Electricitie de France S.A.
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SOURCE Industrial Info Resources