Major Oil Pipeline - West To East

TransCanada Corp. announced that it will

push ahead with a major oil pipeline

linking Western Canada with refineries

and export terminals in the east,

marking a significant step forward for

Canada’s goal to tap new export markets.

The Energy East line would not be

completed until 2017 into Quebec, and

2018 to Saint John, meaning rejection of

the Keystone XL plan or failure to move

forward with North Gateway could leave

producers increasingly relying on rail

over the medium term.
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The Energy East pipeline would deliver

some 850,000 barrels of crude a day from

Western Canada to Quebec and New

Brunswick, serving the three refineries

in the two provinces. The pipeline

labelled a “nation builder” by New

Brunswick Premier David Alward – has

been endorsed by provincial and federal

politicians.