Canadian Crude Pipeline Nears Key Commitments with 400,000 bpd Pledges

A proposed pipeline from Canada to the U.S., led by South Bow and Bridger, is nearing the minimum shipping commitments needed to proceed, as oil firms pledge at least 400,000 barrels per day—72% of its initial 550,000 bpd capacity, with potential expansion to 1.13 million bpd. This follows U.S. funding of major Balkan energy projects on May 4, including a $1.5 billion Bosnia-Croatia pipeline to Krk LNG terminal and a $6 billion, 20-year LNG supply deal with Albania to counter Russian gas dependence. President Trump signed a cross-border permit, signaling institutional flows into infrastructure that could ease Canadian crude bottlenecks and boost U.S. imports by over 12%.