Delays by the U.S. in reviewing Keystone XL are helping build momentum for an oil pipeline to Canada’s east coast. TransCanada Corp., the company proposing the $5.4 bn conduit to connect Alberta’s oil sands with U.S. Gulf Coast refiners, may have an easier path to approval with its alternative to the nation’s Atlantic coast. The C$12 bn ($11 bn) Energy East would be North America’s largest oil line, with capacity to ship 1.1 MMbpd.
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