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

  • Ozone-Destroying Emissions Rising Unexpectedly, Scientists Baffled
  • Pratt & Whitney Canada announces helicopter engine contracts
  • Demand for 100K engineers over next ten years in Canada
  • Scientists Develop Sustainable Battery Using Tree Bark Tannins
  • Global construction industry optimistic about future
  • Economy showed mix of strength (exports), weakness (investment) in Q3
  • Has the time come for irradiated beef in Canada?
  • Entire airframe of this V-shaped flying wing houses passengers and cargo resulting in 20 percent fuel savings
  • Ontario to lose Toyota Corolla production but gain . . . ?
  • Manufacturing rose again in second quarter
  • Canada's auto sales soar; Toyota passes 100K mark for hybrids
  • Renault's autonomous float hover car by Yunchen Chai may be the automobile of the future — winner of a design competition from Renault
  • GE investment in Welland "Brilliant Factory" to bring 220 jobs
  • Researchers Test Feasibility of EmDrive and Mach Effect Thrusters
  • Once more to the moon — NASA may use a commercial rocket to speed up the EM-1 moon mission planned for June 2020
  • Long-term growth in residential construction centred in GTA
  • Bombardier Competitor Comes to Toronto
  • Canada's manufacturing sales rose in 2016, led by cars, food
  • Manufacturing up again in October
  • LNG, fracking, desalination driving growth in industrial valves
Scroll to Top