TransCanada Anticipates Keystone XL Decision by End of March

CUSHING, OK - MARCH 22: Pipe is stacked at the southern site of the Keystone XL pipeline on March 22, 2012 in Cushing, Oklahoma. U.S. President Barack Obama is pressing federal agencies to expedite the section of the Keystone XL pipeline between Oklahoma and the Gulf Coast. 
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Clare Foran
Oct. 16, 2013, 10:46 a.m.

Ac­cord­ing to Bloomberg, Tran­sCanada, the com­pany be­hind the pro­posed Key­stone XL pipeline, be­lieves a de­cision by the fed­er­al gov­ern­ment on wheth­er to ap­prove the pro­ject will come some­time in the first quarter of next year.

Speak­ing at a con­fer­ence in Cal­gary, Al­berta, on Wed­nes­day, Alex Pourbaix, Tran­sCanada’s pres­id­ent of en­ergy and oil pipelines, said he be­lieves the State De­part­ment will is­sue a fi­nal en­vir­on­ment­al re­view of the pipeline in the fall, pav­ing the way for a fi­nal de­cision from the ex­ec­ut­ive branch on Key­stone XL by the end of March.

Pourbaix did say, however, that 2014 midterm elec­tions could in­ter­fere in the de­cision-mak­ing pro­cess. “Ob­vi­ously this is a polit­ic­al file,” he said. “Some­times big im­port­ant is­sues get tabled in elec­tions.”


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