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.

TransCanada-pipeline-KeystoneXL-natural-gas-crude-oil-Western-Canada-Eastern-Canada-EDIWeekly
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

  • CSeries on track for 300 orders: Bombardier
  • Manufacturing output grew again in August
  • Handheld device detects bacteria on food in real time
  • Oil train disaster plays to the pro-pipeline position
  • Manufacturing sales up slightly in July, Q3 forecast to be stronger
  • Another successful test: Crew Dragon flawlessly docks with Internataional Space Station
  • Two auto parts plants adding jobs in southwestern Ontario
  • Anticipation building for first test flight of Bombardier CSeries
  • Researchers claim micro-fluidics breakthrough with liquid metal pump
  • GO Transit may deploy hydrogen-power rather than electric; consults with Canadian fuel cell technology company that worked on world's first hydrogen-powered train
  • Company tries to stop U.S. cleanup effort on longest oil spill in history claiming it will "lead to a bigger environmental catastrophe"
  • News of extra jobs tempered by caution in Ontario auto sector
  • Manufacturing sector continued to gain in November
  • Within 10 years, almost 50 percent of retail jobs may disappear to automation
  • China to totally ban gas and diesel in new car market; with interim targets of 20% electric or hybrid by 2025
  • Industrial chemicals producers report second-most profitable year
  • $ Trillions needed to decarbonise global energy supply to meet Paris Agreement targets
  • Supply of oil at record highs, at 100 million barrels a day for the “first time ever”; expected to grow
  • Securing new investment greatest achievement of Unifor's agreement with Ford
  • GM/Honda latest partners in search for affordable fuel cell car
Scroll to Top