Trans Mountain expansion requires

After years of construction delays and cost over-runs, oil market participants are watching closely for when the expansion opens.

Earlier this month Trans Mountain said the pipeline would begin transporting oil on May 1.

The company did not immediately respond to a request for comment on whether all six outstanding leave-to-open applications need to be approved before operations can start.

The CER has so far approved 36 out of 42 leave-to-open applications received from Trans Mountain, covering pipeline spreads, pump stations and tanker loading facilities.

According to the CER website each section of the pipeline requires leave to open before it can begin operating.

The CER has typically been approving leave-to-open applications within a week or two of them being submitted by Trans Mountain.

(Reporting by Nia Williams in British Columbia; Editing by Chris Reese and Diane Craft)