Oilsands production in Canada is expected to grow despite the cancellation of the 830,000 b/d Keystone XL pipeline project because other export pipelines continue to advance toward completion, according to IHS Markit.

IHS Markit on Wednesday pointed to 960,000 b/d of capacity under construction in Canada and the United States. These include the 590,000 b/d Trans Mountain Pipeline expansion and the 370,000 b/d Line 3 expansion by Enbridge Inc. 

“If Enbridge Line 3 and Trans Mountain pipeline, as well as other announced optimizations, are able to proceed as planned, pipeline export capacity may be adequate,” said the consultancy.

“However, in the absence of Keystone XL pipeline, there is the potential for high levels of export pipeline utilization, which would leave...