# Moody’s Expected Cancellation of Kinder Morgan’s Trans Mountain Loan

- Link: https://greenlivingguy.com/2018/06/moodys-cancellation-trans-mountain-debt-pipeline/
- Published: 2018-06-10T01:56:12-04:00
- Author: greenlivingguy

⌊Rainforest action network protests kinder morgan pipeline⌉⌊Rainforest action network
protests kinder morgan pipeline⌉To begin, Rainforest Action Network responds to 
Moody’s Investors Service. This is about or due to the Trans Mountain Oil pipeline
debt to start.

Moody’s saying it “expect[s]” that Kinder Morgan’s C$5.5 billion Trans Mountain 
loan package “will be cancelled”. This in the wake of the Canadian government’s 
decision to buy the pipeline for C$4.5 billion.

Second, on January 30, 2018, the B.C. government proposed a restriction on increases
to the amount of diluted [bitumen](https://en.m.wikipedia.org/wiki/Bitumen) imported
into the province from Alberta.  Thirdly, this restriction is until completing those
studies on whether potential [spillage](https://en.m.wikipedia.org/wiki/Oil_spill)
could be mitigated. Fourth, said province also announced an intent to consult with
local communities and First Nations.  That process definitely takes forever and 
a day.^()

#### Background Note and In concluding:

TD Securities is serving as financial adviser to Kinder Morgan Inc. Also, more important,
Scotiabank and Greenhill & Co Inc. are serving as financial advisers to Canada. 
All these powerhouses are in regarding the Canada buying the [Trans Mountain](https://greenlivingguy.com/2012/07/progress-update-regarding-keystone-xl-pipeline/)
pipeline.

Finally and also, Kinder Morgan Trans Mountain Pipeline System is further aka Trans
Mountain Pipeline.  It is a [pipeline](https://en.m.wikipedia.org/wiki/Pipeline_transport)
carrying [crude](https://en.m.wikipedia.org/wiki/Petroleum) and [refined oil](https://en.m.wikipedia.org/wiki/Petroleum_product)
from [Alberta](https://en.m.wikipedia.org/wiki/Alberta) to the [west coast of British Columbia](https://en.m.wikipedia.org/wiki/British_Columbia_Coast),
Canada. In addition, it’s a wholly owned by the Canadian division of [Kinder Morgan Energy Partners](https://en.m.wikipedia.org/wiki/Kinder_Morgan_Energy_Partners)(
Kinder Morgan). It’s been in use since 1953. Concluding, It is the only pipeline
to run between these two areas.^([[1]](https://en.m.wikipedia.org/wiki/Trans_Mountain_Pipeline#cite_note-1))

Source: Bloomberg Finance L.P.

![author avatar](https://secure.gravatar.com/avatar/df91669667126e1290c21ee0342c386e2da19d588d4d9ca6560bd82ed59a9641?
s=300&d=monsterid&r=g)

 greenlivingguy

 The Green Living Guy, Seth Leitman is an independent power producer, a green living
expert, and Editor of the McGraw-Hill, TAB Green Guru Guides. Seth is also an Author,
Radio Host, Reporter, Writer and an Environmental Consultant on green living. The
Green Living Guy writes about green living, green lighting, the green guru guides
and more. Seth's books range from: # Build Your Own Electric Vehicle by Bob Brant
and Seth Leitman (2nd and 3rd editions) # Build Your Own Plug-in Hybrid Electric
Vehicle by Seth Leitman # Build Your Own Electric Motorcycle by Carl Vogel # Green
Lighting by Seth Leitman, Brian Clark Howard and Bill Brinsky # Solar Power For 
Your Home by David Findley # Renewable Energies For Your Home by Russel Gehrke #
Do-it-Yourself Home Energy Audits by David Findley # Build Your Own Small Wind Power
System by Brian Clark Howard and Kevin Shea # and more green living books to follow.

 [See Full Bio](https://greenlivingguy.com/author/greenlivingguy/) [  ](https://greenlivingguy.com/author/greenlivingguy/)