Permit delays raise US-Canada pipeline costs: company

Permit delays raise US-Canada pipeline costs: company Ottawa (AFP) April 26, 2013 Delays in greenlighting TransCanada's Keystone XL pipeline will increase construction costs and postpone its in-service date by at least six months, the company said Friday. "Due to ongoing delays in the issuance of a (US) presidential permit for Keystone XL, we now expect the pipeline to be in service in the second half of 2015," TransCanada said in its quarterly financials. "Based on our pipeline construction experience, the $5.3 billion cost estimate will increase depending on the timing of t ... read morehttp://www.spacedaily.com/reports/Permit_delays_raise_US-Canada_pipeline_costs_company_999.html