CALGARY, Alberta (Bloomberg) -- TransCanada Corp., the Calgary-based company that has been trying to build the Keystone XL pipeline since 2008, applied for a C$12 billion ($10.7 billion) link between Alberta’s oil sands and Canada’s Atlantic Coast. The 4,600-km (2,859-mile) Energy East line, the largest proposed oil conduit in North America, would stay within Canada, carrying as much as 1.1 MMbpd to eastern refineries and marine terminals in Quebec and New Brunswick, according to a statement Oct. 30. Canada’s National Energy Board has 15 months to review the project and make a recommendation to the cabinet of Prime Minister Stephen Harper.
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