TransCanada Says It Will Reroute Planned Pipeline
November 14, 2011, 6:30 PM
LINCOLN, NE -
TransCanada says it will move its planned oil pipeline out of the environmentally sensitive Sandhills area of Nebraska, and is confident the project will still win approval.
The company announced the decision Monday at a news conference at the Nebraska Capitol. TransCanada official Alex Pourbax says the company remains confident it will eventually get a pipeline approved, albeit with a different route. That comes after the federal government's announcement last week that it would delay a decision on a federal permit for the project until it studies new potential routes that avoid the Sandhills areas of Nebraska and the Ogallala aquifer, a vast underground water supply.
The proposed pipeline would carry crude oil from Canada to Texas Gulf Coast refineries.
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