en.Wedoany.com Reported - The Canadian government has announced plans to build an oil pipeline to the Pacific coast with a target capacity of 1 million barrels per day, primarily to supply oil to Asian markets.

Canadian Prime Minister Mark Carney stated that the pipeline, exceeding 1,000 kilometers in length, will extend from the oil and gas-rich province of Alberta to the west coast of British Columbia, with construction scheduled to begin in September 2027.

The project will serve as an extension of the existing Trans Mountain Corporation corridor, terminating at a deep-water port capable of accommodating Very Large Crude Carriers (VLCC). State-owned Trans Mountain Corporation and Pembina Pipeline will jointly participate in the construction.

Carney hopes to transform Canada into an "energy superpower" and reduce dependence on the U.S. market. Currently, nearly all of Canada's oil production—approximately 4 million barrels per day—is exported to the United States. Recent trade disputes with the U.S. and tariff threats from Donald Trump have accelerated this decision-making process.

For Russia, the emergence of Canada's new pipeline will create a strong competitor in the Asian direction. Canada's supply of high-sulfur heavy crude oil is relatively low-priced and well-suited to the needs of China's modern refineries. In contrast, similar grades of crude from Iraq and other Middle Eastern countries remain higher in price, making Canadian supply attractive to Beijing.