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TransCanada: Keystone XL to cost US$8B

2014-11-05 00:35:19| Oil & Gas - Topix.net

The price tag for the controversial Keystone XL pipeline has risen by about half to US$8 billion, TransCanada Corp. said Tuesday as the U.S. regulatory process drags into its seventh year. TransCanada had previously pegged the cost of Keystone XL at US$5.4 billion, but has long signalled that the longer it's forced to wait for a permit, the more expensive the pipeline would become.

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