8.7 C
Fort St. John
Sunday, August 18, 2019
9924 101 ave Fort St. John, B.C.
Advertisement
Home Canadian Press TransCanada concludes open season for Keystone XL project, confirms support

TransCanada concludes open season for Keystone XL project, confirms support

CALGARY — TransCanada Corp. says it has confirmed strong commercial support for its controversial Keystone XL pipeline.

The company says it has concluded an open season for the pipeline project with roughly 500,000 barrels per day of firm, 20-year commitments.

TransCanada says interest in the project remains strong and it will look to continue to secure additional long-term contracted volumes.

In November, Nebraska regulators approved a route for the pipeline though the state, but not the company’s preferred choice, instead shifting the path away from sensitive ecological areas.

TransCanada (TSX:TRP) says it’s working with landowners to obtain the necessary agreements for the approved route.

It says construction preparation has started and will increase as the permitting process advances throughout this year, with primary construction expected to begin in 2019.

The Canadian Press

get the latest news in your inbox

Author

Local Events

Must Read

Fort Nelson expected to see summertime snow this weekend

FORT ST. JOHN, B.C. - Higher elevations in Northern British Columbia, such as the Fort Nelson area, could receive snow over the weekend. According to...