Archive for December 6th, 2013
TransCanada’s Keystone Southern Leg Won’t Deliver Oil Before Mid-January
Posted by Bloomberg: Dan Murtaugh and Edward Welsch on December 6th, 2013
Bloomberg: TransCanada Corp. (TRP) told shippers the Gulf Coast portion of its Keystone pipeline won’t be in service before mid-January, three days after it said in a letter to regulators that it anticipated beginning service on Jan. 3.
The Calgary-based pipeline company estimates it will begin taking receipts and delivering oil in mid- to late January, a bulletin to shippers shows. Customers will receive a letter about 30 days before service begins.
The pipeline section has the capacity to carry 700,000...