TransCanada Refiles for Keystone XL Pipeline Building Permit in Nebraska

TransCanada Refiles for Keystone XL Pipeline Building Permit in Nebraska

In 2015, President Barack Obama denied a permit for the project to cross the USA border, prompting TransCanada to withdrew its application for a 275-mile route across Nebraska.

Cunha defends the company against those who label it a foreign entity, stating TransCanada has been operating in Nebraska since the 1980s and that half of its employee based, roughly 4,500 employees, work across the United States on its oil pipeline and natural gas pipeline projects.

With encouragement from the new administration in Washington, DC, TransCanada Corp. on Thursday revived its Keystone XL cross-border oil pipeline project with an application to the Nebraska Public Service Commission (PSC) for approval of a route through the state and the most pivotal part of the $8 billion project.

It says the proposed route was approved by the governor of Nebraska in 2013 and its application has been shaped by "direct, on-the-ground input from Nebraskans".

In a quarterly earnings call TransCanada Chief Executive Officer Russ Girling said the company was in talks with crude shippers to update contracts for volume commitments on Keystone XL. "The thousands of Nebraskans we have met over the last eight years understand the value of this project and what it means to the state".

The restarting of the Keystone XL project is sure to restart protests over the project.

"While some of the shippers may increase or decrease the volume commitments we do expect to retain commercial support to underpin the project", Girling said.

"We feel confident that we have been engaging Nebraskans throughout this process, recognizing that at the end of the day there will be some small percentages of groups that will oppose us, but a strong majority of Nebraskans and the USA population does believe in the benefits of this project", Cunha says. The PSC was 210 days to act, with an additional 5 months "just cause" allowed.

The 36-inch pipeline will carry crude oil produced in Canada's tar sands region to oil refineries on the Gulf Coast.

A Nebraska Supreme Court decision in 2015 ruled in support of the pipeline, but a number of Nebraskan landowners filed suits against TransCanada alleging the project violated the state's constitution.

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