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Keystone Pipeline Seen Bigger for Suncor Than TransCanada

2013-12-12 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: U.S. President Barack Obamas ruling on Keystone XL is becoming more critical for oil-sands producers such as Canadian Natural Resources Ltd. (CNQ) than pipeline builder TransCanada Corp. Calgary-based TransCanada has about C$33 billion ($31 billion) of projects on its books, even without the $5.4 billion pipeline the company had targeted for completion in 2012. For producers, Keystone is the earliest export line scheduled to ease bottlenecks which have helped push Canadian heavy crude $27 a barrel...

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