TransCanada announces $900 million pipeline expansion

TransCanada Corp announced the construction of another piece of its infrastructure network, this one in Alberta. TransCanada will spend $900 million on a new pipeline and storage terminal. The pipeline will link an area north of Edmonton and the town of Hardisty, 200 kilometres to the south. The terminal will have capacity for 1.9 million barrels. Hardisty is the start point of the Keystone pipeline system. The new pipeline could transport 900,000 barrels of crude per day. This is necessary to keep up with expected increases in production.

Blue lines are natural gas, green are oil. Broken lines are projects not yet complete. Map from TransCanada Corp.

Alberta oil production is projected to increase by about three million barrels per day over the next fifteen years. It is because of this increased production that companies like TransCanada have to get the infrastructure in place. A spokesman for TransCanada said that its pipelines will help link Alberta crude resources to markets in Eastern Canada and in the United States.

TransCanada also has a plan to ship up to 850,000 barrels of crude per day from Alberta and Saskatchewan to refineries in Quebec and New Brunswick. The Energy East Pipeline Project will create a new domestic market for Western Canada’s oil, TransCanada says, and potentially open “a new channel for international exports in the future.” The Energy East project, which would begin in Hardisty, Alberta, would involve pipeline conversion as well as new pipeline construction.

TransCanada currently operates more than 24,000 kilometres of natural gas pipelines and 3,500 kilometres of crude oil pipelines in the Keystone network.

Did you miss this?

Other Popular Stories

  • Windsor-Detroit bridge can proceed as final obstacles fall
  • Canada keeping up pressure on US for Keystone XL approval
  • Volkswagen hit with $14.7 billion in fines, compensation over emissions scandal
  • A startup to bring Wifi to the moon — the age of the new Lunar economy
  • Wind farm opponents' complaint lacked proof: judge
  • Electricity-conducting cement could make runways, roads ice proof
  • Manufacturing sales up slightly in July, Q3 forecast to be stronger
  • Bombardier's Learjet 85 completes first flight
  • Promise of more investment in auto industry but no specifics
  • Drilling rigs growth depends more and more on LNG
  • Energy storage system uses rail cars, gravity to mimic hydro
  • REE and American Axle & Manufacturing to co-develop new electric propulsion system for e-Mobility
  • Enbridge pipeline reversal approved by National Energy Board
  • Little agreement on whether it works, but governments press ahead with infrastructure spending
  • Keystone XL clears another hurdle but fight not over
  • Toyota investment in Ontario brings new technologies, keeps jobs
  • Will quotas, targets and better technology get more drivers into EVs?
  • Could the Future of Energy be Entirely Renewable?
  • Volvo aims to put garbage collectors out of work with autonomous robot garbage trucks
  • Alphabet's Chairman praises Toronto technology as Google's Sidewalk Labs announces living "technology lab" for Toronto Portlands
Scroll to Top