TransCanada Seeks US Permit On Upland Line As Keystone Waits



TransCanada Seeks US Permit On Upland Line As Keystone Waits
TransCanada is asking the Obama administration to approve another pipeline, one that would take American crude oil into Canada.

Reuters

CALGARY, Alberta, April 24 (Reuters) - TransCanada Corp , whose controversial Keystone XL pipeline project has waited more than six years for U.S. approvals, is asking the Obama administration to approve another pipeline, one that would take American crude oil into Canada.

The company, Canada's No. 2 pipeline operator, said it applied on Wednesday for a presidential permit for its planned Upland pipeline, which will carry as much as 220,000 barrels of oil per day 240 miles (386 kilometers) from Williston, North Dakota, to meet the proposed Energy East pipeline in southern Saskatchewan near the border with Manitoba.

The C$600 million ($493 million) Upland line, announced in February, will take crude from North Dakota's prolific Bakken field, where a shortage of pipeline space has forced producers to ship their crude by rail.

"Upland is a gathering system that will help move Williston Basin oil production to markets where it is needed," said Mark Cooper, a company spokesman. "A great deal of this oil is already being transported to market by rail."

The application comes despite the continuing fight over the Keystone XL pipeline, which would take crude from the Alberta oil sands and the Bakken field to the refining hub on Texas' Gulf Coast. Many environmental groups oppose the project, arguing it would encourage the expansion of carbon-dioxide intensive production from the oil sands.


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