Strong shipper support with 20-year commitments to move 500,000 barrels of crude oil per day has been received by TransCanada Corp. for its proposed $8 billion Keystone XL Pipeline.
Right-of-way preparation and permitting has started on the 30-inch, 1800-mile pipeline, with primary construction expected to begin in 2019.
“Over the past 12 months, the Keystone XL project has achieved several milestones that move us significantly closer to constructing this critical energy infrastructure for North America,” said TransCanada president and CEO Russ Girling.
TransCanada is continuing outreach in the communities where the pipeline will be constructed and is working collaboratively with landowners in an open and transparent way to obtain the necessary easements for the approved route.
The Nebraska Public Service Commission approved the Keystone XL route through the state in November 2017.
From Oil Patch Hotline