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Canada: TransCanada moves forward on West-East oil pipeline plan

2013-04-02 11:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: TransCanada Corp (TRP.TO: Quote) on Tuesday pushed ahead with plans to take Western Canadian crude to eastern refineries and Canada's busiest oil port as it seeks new markets beyond those it wanted for its stalled Keystone XL pipeline project. TransCanada said it will give shippers two months to sign contracts to use its proposed 4,400 kilometer (2,700 mile) Energy East Pipeline project, Canada's longest oil pipeline, which could take as much as 850,000 barrels per day to Montreal, Quebec City...

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