BUZZ-Kinder Morgan Inc: Canada regulator backs pipeline plan
** Pipeline company's shares up 1.4 pct at $17.50 premarket
** Canada's energy regulator recommended approval on Thursday for Kinder Morgan's plan to expand its Trans Mountain oil pipeline, subject to 157 conditions
** Approval clears major hurdle for proposed trebling of capacity to serve lucrative Asian markets
** C$6.8 bln ($5.19 bln) project will boost Kinder Morgan's capacity from 300,000 barrels per day to 890,000 bpd
** If pipeline is approved by cabinet, construction could start in 2017, with first shipments in 2019, company says
** Up to Thursday's close, stock had fallen nearly 60 pct in past 12 months
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