February 7, 2008
Pipeline co. considers importing oil
A South Portland company may begin importing crude oil from Canada to the United States, the Portland Press Herald reported.
Portland Pipe Line Corp., a subsidiary of Montreal-based Montreal Pipe Line Ltd., said yesterday it will study whether to improve its marine terminal facilities so it can import crude oil from western Canada to the United States over its Portland-Montreal Pipe Line, the paper said.
Facility improvements would cost about $100 million. If the project is approved, the company could begin importing oil in 2010, the paper said.
Portland Pipe Line Corp., a subsidiary of Montreal-based Montreal Pipe Line Ltd., said yesterday it will study whether to improve its marine terminal facilities so it can import crude oil from western Canada to the United States over its Portland-Montreal Pipe Line, the paper said.
Facility improvements would cost about $100 million. If the project is approved, the company could begin importing oil in 2010, the paper said.
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