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Alaska Approves Changes To TransCanada's Pipeline Plan

Law360, New York (May 3, 2012, 2:59 PM EDT) -- The state of Alaska on Wednesday approved TransCanada Corp.’s move to abandon its proposed 1,700-mile natural gas pipeline running from the state's North Slope to Alberta in favor of a shorter, in-state pipeline that aims to export liquefied natural gas.

The state’s natural resources and revenue commissioners approved a project plan amendment submitted by TransCanada , which has held a license under the Alaska Gasline Inducement Act to develop a natural gas pipeline since 2008.

TransCanada cited the increase in natural gas availability elsewhere in the...
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