Trump Issues New Permit for Keystone XL Pipeline
March 29 2019 - 5:50PM
Dow Jones News
By Maria Armental
President Trump on Friday issued a new presidential permit to
build a long-delayed pipeline project that would take oil from
Canada's oil sands to Nebraska, circumventing a court order that
had halted the project.
A federal judge in November blocked the Keystone XL pipeline
from moving forward until a supplemental environmental review was
completed. Keystone XL, an expansion of the existing Keystone
pipeline system, would begin in Hardisty, Alberta, and extend south
to Steele City, Neb., linking to existing pipelines to Gulf Coast
refineries.
"President Trump has been clear that he wants to create jobs and
advance U.S. energy security and the Keystone XL pipeline does both
of those things," TransCanada Corp. Chief Executive Russ Girling
said in a statement.
"The Keystone XL pipeline has been studied more than any other
pipeline in history and the environmental reviews are clear -- the
project can be built and operated in an environmentally sustainable
and responsible way, " Mr. Girling said.
TransCanada first applied for a permit in September 2008, but
the project has faced setbacks amid opposition from landowners and
environmentalists.
The Trump administration has been working to revive the Keystone
XL project after President Obama blocked it from moving forward. In
March 2017, the U.S. State Department issued a permit to
TransCanada to build the pipeline.
(END) Dow Jones Newswires
March 29, 2019 17:35 ET (21:35 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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