TransCanada May Reapply for Federal Permit for Keystone As Soon As Friday

TransCanada Corp. may reapply for a federal permit for its Keystone XL pipeline as soon as Friday, the Washington Post reported, citing people familiar with the company's plans.

The application with the State Department will include a revised Nebraska route announced last month, and rely largely on a plan considered as part of an environmental impact statement the State Department issued in August 2011, the report said.

One source said TransCanada will tell the State Department that the segment from Cushing, Okla., to Port Arthur, Texas, isn't part of the application because it doesn't need federal approval, the Post reported.

A TransCanada spokesman said in an email to the Post that "we are working on re-filing our application for a presidential permit for Keystone XL and hope to do that soon," while the State Department declined to comment, the report said.

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Copyright (c) 2012 Dow Jones & Company, Inc.


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