TransCanada starts open season for east-bound crude shipments

TransCanada Corp. will hold a binding open season to obtain firm commitments for a pipeline to transport crude oil from Western Canada to delivery points in the Montreal and Quebec City, Que., and Saint John, NB, areas. The Energy East Pipeline project involves converting roughly 3,000 km of TransCanada’s Canadian Mainline natural gas pipeline to crude oil service building up to 1,400 km of new pipeline.

Subject to open season results Energy East will move as much as 850,000 b/d, enhancing producer access to markets in Eastern Canada. In 2012, Canada imported more than 600,000 b/d to supply its Eastern refineries, according to TransCanada.

TransCanada expects the pipeline to enter service late 2017, pending sufficient shipper interest and regulatory approvals. The company has begun aboriginal and stakeholder engagement and field work as part of initial design and planning.

The open season will close on June 17.

Contact Christopher E. Smith at chriss@ogjonline.com.

Related Articles

ETP unit gets FERC approval for gas exports to Mexico

03/21/2014 Energy Transfer Partners LP unit Houston Pipe Line Co. LP (HLPC) has received approval from the US Federal Energy Regulatory Commission to build a ...

Millennium Pipeline appoints president

03/20/2014 Millennium Pipeline Co. LLC has selected Joseph Shields as its president. He succeeds Rocco D’Alessandro, who held the position beginning in May 20...

Shah Deniz II, South Caucasus Pipeline contracts awarded

03/20/2014 The Shah Deniz and South Caucasus Pipeline consortia awarded project management and construction contracts for the development of Shah Deniz Stage ...

MARKET WATCH: NYMEX crude prices rise on Seaway pipeline expansion news

03/19/2014 Crude oil futures prices rose on the New York market Mar. 18 after Enterprise Products Partners LP told analysts and investors that an expanded Sea...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected