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Siemens to supply Keystone pipeline electrical gear

Wed Dec 19, 2007 9:52am EST

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FRANKFURT, Dec 19 (Reuters) - German industrial group Siemens (SIEGn.DE) has won a contract worth 150 million euros ($216 million) to supply electrical and pumping equipment for TransCanada's (TRP.TO) $5.2 billion Keystone oil pipeline.

Siemens said it would deliver 37 pumping stations, a series of electrical houses and 19 substations to supply 2,867 kilometres (1,781 miles) of the crude-oil pipeline.

The pipeline, due to go into operation at the end of 2009, should eventually have capacity to deliver 590,000 barrels of oil a day from Alberta, Canada, to the U.S. Midwest. (Reporting by Georgina Prodhan, editing by Will Waterman)



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