Canada oil sands Asia export dream faces port bottleneck

By Catherine Ngai

VANCOUVER (Reuters) – The bullish view for Suncor Energy Inc (SU.TO: Quote), Cenovus Energy Inc (CVE.TO: Quote) and other Canadian energy producers calls for Prime Minister Justin Trudeau by next month to approve a major pipeline expansion to the west coast, boosting sales of land-locked oil sands crude to Asia.

But a growing number of shipping brokers and physical oil traders warn that any new influx of oil will hit a bottleneck in Vancouver, because of the port’s inability to accept the megaships that dominate oil trade globally.

This bottleneck marks one of the more …
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