TransCanada To Consider Splitting Keystone XL Pipeline

Law360, New York (February 15, 2012, 1:29 PM EST) -- TransCanada Corp. is considering splitting off a 435-mile leg of its planned Keystone XL pipeline to sidestep regulatory issues and help relieve a crude oil bottleneck in the lower Midwest, the company said Tuesday.

Shipping customers have asked TransCanada to consider moving ahead with the segment connecting Oklahoma and Texas Gulf Coast refineries, which would not require the U.S. State Department approval that has held up the 1,700-mile cross-border pipeline, the company said during an investor call.

“Over the last month, we've seen a lot of...
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