February 2011, Vol. 238 No. 2

Projects

Keystones Cushing Extension Begins Deliveries To Oklahoma

On February 8, 2011, the second phase of TransCanada’s US$12 billion Keystone Pipeline system began delivering crude to Cushing, OK. The second phase is a new, 298-mile extension from Steele City, NE to Cushing, and an increase in Keystone’s nominal capacity to 591,000 bpd, of which 530,000 bpd is contracted. “This is a significant development for TransCanada as the Keystone pipeline will play an important role in linking a secure and growing supply of Canadian crude oil with America’s largest refining markets, greatly improving North American energy security,” says Russ Girling, TransCanada president and chief executive officer. The next phase o

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