Calgary-based South Bow says demand strong for oil shipments to U.S. Gulf Coast - BERITAJA

Executives astatine South Bow Corp. opportunity customers person been clamouring to vessel much lipid connected the confederate limb of its pipeline network.

Richard Prior, South Bow’s main operating officer, says caller geopolitical turmoil has driven an summation successful request for much lipid exports, including via the U.S. Gulf Coast.

South Bow operates the Keystone strategy that runs from eastbound Alberta to refineries successful the Midwest and the Texas coast.

Average throughput connected Keystone during the first 3 months of 2026 was 616,000 barrels per day, pinch the U.S. Gulf Coast conception averaging about 709,000 barrels a day.

Prior says the Gulf Coast limb of Keystone could move much than 800,000 barrels per day, but location is constricted expertise to turn capacity overmuch further beyond that level.

South Bow is successful the midst of weighing bids for a imaginable caller task called Prairie Connector, which would vessel oilsands crude to the Canada-U.S. separator and onto U.S. destinations.

Prairie Connector could usage dormant tube that had been meant for the defunct Keystone XL description project, which was scuttled amid aggravated biology and governmental guidance respective years ago.

Keystone XL was pursued by TC Energy Corp., which spun disconnected its lipid pipeline business to shape South Bow successful 2024.

U.S. President Donald Trump precocious granted a licence to a abstracted connection by Bridger Pipeline LLC linking Wyoming to the Canada-

U.S. border. That pipeline could nexus up pinch Prairie Connector.

This represents a meaningful improvement successful the permitting process for cross-border power infrastructure and 1 that has understandably attracted its adjacent stock of attention,” said South Bow CEO Bevin Wirzba.

“That said, we are continuing to activity diligently to guarantee immoderate task we beforehand is wrong our consequence preferences and that risks are allocated appropriately among the parties champion positioned to negociate and mitigate them.”

As acold arsenic what shape a imaginable business mightiness take, Wirzba said, “We’re still baking the barroom connected a fewer elements of that.”

To beryllium comfortable making a last finance determination connected Prairie Connector, it would person to nail down the “typical elements” for illustration its contracting strategy, proviso chain, procurement and costs estimates, Wirzba said.

But it doesn’t extremity there.

“We request to guarantee that we negociate and mitigate immoderate last-mile consequence that could hap connected the task successful the future,” Wirzba said.

“We’re seeing awesome alignment among the regulatory situation successful some Canada and the United States, but we cannot expose our shareholders to risks that they cannot bear, nor could we.”

Late Thursday, South Bow posted first-quarter nett income of US$77 million, down from US$88 cardinal during the aforesaid play of 2025.

The profit amounted to 37 cents US per stock versus a year-earlier 42 cents US.

South Bow, which keeps its books successful U.S. dollars, reported its gross fell to US$491 cardinal from US$498 million.