Keystone XL Pipeline’s Injunction Overturned by U.S. Court

An injunction barring some pre-construction activities to long-delayed TC Energy Corp's Keystone XL pipeline was dissolved by an appellate court on Monday. The company has been working for more than a decade to build the controversy-ridden 830,000 barrel per day pipeline.

The pipeline would run from an oil hub at Hardisty, Alberta, to Steele City, Nebraska, where it would join TC Energy's existing Keystone pipeline system.

Since the company is facing a pending Nebraska Supreme Court decision related to the pipeline's route and a lawsuit by two Native American communities in Montana, they said that it would not make any major capital commitments until it has a clear path to construction, and therefore has not made a final investment decision to proceed with the project.

While TC Energy is expecting a decision from the British Columbia Supreme Court to extend an injunction on its Coastal GasLink pipeline in the third quarter, Canada's National Energy Board said last week that the pipeline to supply the LNG Canada project in northern British Columbia was not subject to federal regulation.

Source:
pgjonline