Calgary-based TransCanada Corp. plans to move forward with its proposed Energy East Pipeline project, the company said today.
The pipeline proposal, which still needs regulatory approval, will send 1.1 million barrels of oil per day from Western Canada to refineries and export terminals in Eastern Canada.
TransCanada moves forward with west-east pipeline - Business - CBC News
Big development in the crude markets that is bound to have some interesting political fallout.
Looks like this may put a lot of pressure on KXL and Northern Gateway.
The pipeline proposal, which still needs regulatory approval, will send 1.1 million barrels of oil per day from Western Canada to refineries and export terminals in Eastern Canada.
TransCanada moves forward with west-east pipeline - Business - CBC News
Big development in the crude markets that is bound to have some interesting political fallout.
Looks like this may put a lot of pressure on KXL and Northern Gateway.