Trans Mountain Pipeline LP is petitioning to keep the insurers of its controversial Canadian oil sands pipeline confidential as environmental groups urge
Trans Mountain wants to keep insurers secret amid pipe pushback
Robert Tuttle, Bloomberg News VIDEO SIGN OUT
Trans Mountain Pipeline LP is petitioning to keep the insurers of its controversial Canadian oil sands pipeline confidential as environmental groups urge insurance companies to drop their coverage.
The pipeline company normally discloses the insurance companies in a so-called Financial Resource Plan thatâs filed with the regulator each April. But Trans Mountain said in a Feb. 22 letter that insurers are facing pressure to stop covering the pipeline, raising costs for both Trans Mountain and its customers. Members of the public can file comments on the request until March 22.