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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Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Chris Tadda | Apr. 28, 2015
I Think Greenlight The XL Pipeline Now!

Slo | Apr. 27, 2015
The controversy of this pipeline is keep coming...but the fact is that it is a good Business for both countries...regardless of the short term interest of ones opposing it.

HMM Duh Know | Apr. 27, 2015
Having Warren Buffet as your Daddy is still better than being shot by Chaney while hunting over discussing the $200 price of a toilet seat Post- Iraq war.

John Boyd | Apr. 27, 2015
Is it true that Obama will not approve XL because his daddy Warrant Buffet prospers by the rail shipments that a pipeline would compete with ?


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