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February 12, 2013
08:44 EDTTRPTransCanada expects Keystone XL service in late 2014, early 2015
TransCanada said in its earnings release that on January 4, the Nebraska Department of Environmental Quality issued its final evaluation report on the proposed re-route of Keystone XL to the Governor of Nebraska. The report noted that the new route avoids the Nebraska Sandhills, and that construction and operation of the pipeline is expected to have minimal environmental impacts in Nebraska. On January 22, 2013, the Governor of Nebraska approved the re-route through the state. The new route now becomes part of the project's Presidential Permit application with the U.S. Department of State, which was filed on May 4, 2012. Subject to regulatory approvals, TransCanada expects Keystone XL to be in service in late 2014 or early 2015. The approximate cost of the line is $5.3B.
News For TRP From The Last 14 Days
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October 21, 2014
12:54 EDTTRPTransCanada delays seeking approval for $11B Energy East line, Bloomberg says
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October 10, 2014
18:55 EDTTRPTransCanada receives regulatory approval for Grand Rapids pipeline project
TransCanada announced that the Alberta Energy Regulator has approved the majority of the company's applications to construct and operate the Grand Rapids Pipeline Project. Grand Rapids will comply with all regulatory requirements and is evaluating the conditions in the decision. The project is expected to begin construction in Fall and become operational in stages, with initial crude oil transported by mid-2016. The full system will have an ultimate capacity to move up to 900,000 barrels per day, or bbl/d, of crude oil and 330,000 bbl/d of diluent.

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