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Energy East pipeline will cost more than $12 billion, TransCanada says
2015-07-31 21:40:31| Energy - Topix.net
TransCanada Corp. , the company planning to build the controversial cross-Canada oil pipeline, had been estimating it would cost $12 billion. On a quarterly conference call, CEO Russ Girling said the likely increase is due to adjusting the pipeline's route following feedback from communities, governments and indigenous peoples as well as higher construction costs.
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