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Researched by Industrial Info Resources (Sugar Land, Texas)--While TransCanada (NYSE:TRP) (Calgary, Alberta) has put the brakes on the proposed Keystone XL pipeline (KXL), the company and its subsidiaries are still engaged in a multitude of natural gas projects that are being tracked by Industrial Info.
TransCanada requested this week that the U.S. pause its permitting process on the proposed Keystone XL pipeline (KXL). The pipeline initially would carry 500,000 barrels per day (BBL/d) of western Canadian sour (WCS) crude oil from Alberta to Cushing, Oklahoma, for further transport to the U.S. Gulf Coast.
The project has been wrapped in regulatory red tape for years. Some industry observers have speculated that TransCanada may be planning to wait and see if a more pipeline-friendly president is sworn into office in 2017. TransCanada also has had the brakes put on its other crude oil megaproject, Energy East.
Other crude oil pipeline projects, such as the $900 million, 125-mile Heartland pipeline and the 500-kilometer, 36-inch diameter Grand Rapids pipeline, are tied to the fate of the bigger megaprojects, as they both rely on one or both to provide takeaway capacity for the crude oil volumes they bring down to Hardisty from producers.
But where TransCanada's big oil projects seem to have been put on hold for the time being, Industrial Info is following several of the company's natural gas projects.
On the other side of the fence, TransCanada and its affiliates are very busy developing natural gas projects of equally large scope, such as the $5.5 billion, 466-mile Prince Rupert natural gas pipeline. While the crude oil side of TransCanada has had a rough go of it recently, Industrial Info's data shows that the company as a whole still has many irons in the fire.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
TransCanada requested this week that the U.S. pause its permitting process on the proposed Keystone XL pipeline (KXL). The pipeline initially would carry 500,000 barrels per day (BBL/d) of western Canadian sour (WCS) crude oil from Alberta to Cushing, Oklahoma, for further transport to the U.S. Gulf Coast.
The project has been wrapped in regulatory red tape for years. Some industry observers have speculated that TransCanada may be planning to wait and see if a more pipeline-friendly president is sworn into office in 2017. TransCanada also has had the brakes put on its other crude oil megaproject, Energy East.
Other crude oil pipeline projects, such as the $900 million, 125-mile Heartland pipeline and the 500-kilometer, 36-inch diameter Grand Rapids pipeline, are tied to the fate of the bigger megaprojects, as they both rely on one or both to provide takeaway capacity for the crude oil volumes they bring down to Hardisty from producers.
But where TransCanada's big oil projects seem to have been put on hold for the time being, Industrial Info is following several of the company's natural gas projects.
On the other side of the fence, TransCanada and its affiliates are very busy developing natural gas projects of equally large scope, such as the $5.5 billion, 466-mile Prince Rupert natural gas pipeline. While the crude oil side of TransCanada has had a rough go of it recently, Industrial Info's data shows that the company as a whole still has many irons in the fire.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
