South Bow targets 2027 decision on oil pipeline revival
South Bow has secured 20-year binding contracts for its proposed 550,000 barrel-per-day Prairie Connector project. The company plans to make a final investment decision by mid-2027 provided that U.S. cross-border permits remain durable under future administrations.
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South Bow will decide by mid-2027 whether to build the Prairie Connector pipeline to export 550,000 barrels per day. The project would increase crude exports from Canada to the United States by 12%. It provides critical takeaway capacity for Canadian producers as national output is forecast to reach 6.1 million bpd by 2030.
