TransCanada receives approval notice for Keystone pipeline restart
A TransCanada Keystone Pipeline pump station operates outside Steele City, Nebraska March 10, 2014. REUTERS/Lane Hickenbottom
Get Alerts TRP Hot Sheet
Join SI Premium – FREE
(Reuters) - TransCanada Corp (NYSE: TRP) said it received authorization from the Pipeline and Hazardous Materials Safety Administration on Saturday evening to restart the 590,000 barrel per day Keystone crude pipeline at reduced pressure.
The Canadian pipeline company said that regulator PHMSA has approved a return to service plan for a controlled start. It was not immediately clear when and if the pipeline had restarted.
The pipeline, which delivers light and heavy crude from Hardisty, Alberta, to Cushing, Oklahoma, and Illinois, was shut last Saturday after a potential leak was discovered in South Dakota.
(Reporting by Catherine Ngai in New York; Editing by Matthew Lewis)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Traders are bracing for an increasingly hawkish ECB
- US equity funds draw inflows despite market pressures
- Appeals court upholds block on DOJ subpoenas to NY AG James' office
Create E-mail Alert Related Categories
ReutersRelated Entities
Crude OilSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share