TransCanada says Gulf Coast pipeline project sticks to schedule

CALGARY, Alberta Tue Jan 22, 2013 3:47pm EST

Related Topics

CALGARY, Alberta Jan 22 (Reuters) - TransCanada Corp Chief Executive Russ Girling said on Tuesday that the company's $2.3 billion Gulf Coast project is on schedule and he expects 700,000 barrel-per-day pipeline to open by year end.

Speaking to reporters in Calgary, Girling said work on the project is 40 percent complete and welding on the 485-mile (780-kilometer) pipeline should be completed by the end of September. The Cushing, Oklahoma, to Nederland, Texas, pipeline - the southern leg of the controversial Keystone XL project - will be then be filled with oil and tested in the fourth quarter.

"It's not going to be a matter of weeks but the end of the year is the best that we can do," he said.

FILED UNDER:
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article