Construction of a $5.2-billion pipeline to transport oil from Alberta’s oil sands to the U.S. is expected to begin next quarter, following a Record of Decision by the U.S. State Dept. TransCanada, Calgary, Alberta, proposed the 1,830-mile-long Keystone Pipeline from Alberta to Patoka, Ill., in February 2005. In early 2006, the company added a 291-mile extension from Nebraska to Oklahoma. Last October, the company awarded $3 billion in contracts for major materials and pipeline construction. TransCanada expects the Presidential Permit for crossing the international boundary to be issued within 15 days of the ROD.
U.S. State Dept. Set To Clear Link to Canadian Oil Sands
