Pipelines in Canada received 20.8 million cubic metres of crude oil and equivalent products from fields and plants in June, up 4.5 per cent compared with the same month in 2017, according to Statistics Canada.
The federal agency reported 0n Monday that the vast majority of product came from Alberta at 86.4 per cent of the total, followed by Saskatchewan at 10.5 per cent.
“Pipelines delivered 7.4 million cubic metres of crude oil to Canadian refineries in June, up 3.2 per cent compared with the same month a year earlier. Of the total volume, 63.4 per cent was sent to refineries in Alberta, Saskatchewan and British Columbia, while the balance was delivered to Ontario and Quebec refineries,” said StatsCan.
It said pipelines exported 15.4 million cubic metres of crude oil and equivalent products to the United States in June, up 10.1 per cent compared with the same month a year earlier, while imports of these products totalled 1.8 million cubic metres.
“Closing inventories of crude oil totalled 13.0 million cubic metres in June, up 14.3 per cent compared with the same month a year earlier,” added Statistics Canada. “Pipelines received 2.4 million cubic metres of propane, butane and other products from Canadian fields and plants in June. Meanwhile, closing inventories of the same products totalled 1.5 million cubic metres.
“For the quarter ending June 30, 2018, pipelines received 61.6 million cubic metres of crude oil and equivalent products from Canadian fields and plants, up 6.2 per cent from the same quarter a year earlier. Over the same period, exports of these products rose 7.8 per cent to 46.5 million cubic metres.”
Mario Toneguzzi is a veteran Calgary-based journalist who worked for 35 years for the Calgary Herald in various capacities, including 12 years as a senior business writer.