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TransCanada Receives Keystone Pipeline Approval in Oklahoma

pipelineTransCanada Corp. has received approval to begin construction on the southern most segment of its Keystone XL pipeline that runs through Oklahoma.

According to project spokesman Jim Prescott, The United States Army Corps of Engineers contacted TransCanada advising company officials that construction may begin in several counties in Oklahoma counties and two counties in Texas.

Mr. Prescott said, the Choctaw Nation will have the ability to monitor the construction process for unidentified cultural, archeological or human remains.

Mr. Prescott continued, “TransCanada still requires approval from Fort Worth. We believe that we will be in a position to begin construction late summer 2012, and we’re working with the Army Corps of Engineers and others to assure that approvals and permits are obtained quickly.”

700,000 barrels of oil daily are predicted to run through the pipeline (485 miles long), eminating from the storage hub at Cushing to refineries along the Gulf Coast.

TransCanada also wishes to constuct a pipeline running from Alberta to the Gulf Coast that would run for over 1,100 miles. Their plan is being blocked by the Obama administration, who rejected the bid for a presidential permit.

TransCanada renewed the permit application after it redirected the route the pipeline would take through the environmentally-sensitive Sand Hills region of Nebraska.

Category: News

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