TransCanada Grand Rapids Pipeline Approved

Construction of the 900,000-barrel-per-day pipeline is expected to start in the fall of 2014 with an estimated completion in 2017

Reuters

Canadian regulators have approved TransCanada Corp's 900,000-barrel-per-day Grand Rapids pipeline to carry diluted bitumen from Fort MacKay in the oil sands of northern Alberta to the marketing and transportation hub of Edmonton, Alberta. Following a public hearing in the summer, the Alberta Energy Regulator ruled the pipeline can go ahead subject to 26 conditions relating to routing and environmental monitoring.

As well as shipping crude to Edmonton, Grand Rapids will transport 330,000 bpd of diluent from the Edmonton area to the Fort MacKay terminal.

The project will consist of two 288-mile main lines, two nearly 3-mile lateral pipelines, three pump stations and two tank terminals with approximately one million barrels of storage.

Construction is expected to start in the fall of 2014 with the pipeline becoming operational in stages, with initial crude transported by mid-2016. The pipeline system should be completed in 2017.

(more on Canada's Grand Rapids pipeline...)

 

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