January 22, 2014 / 2:01 PM / in 4 years

TransCanada: Operations started on U.S. Gulf Coast pipeline

NEW YORK, Jan 22 (Reuters) - TransCanada Corp on Wednesday said it had started operations on its Cushing Market Link pipeline that can ship up to 700,000-barrel-per-day of oil from the Cushing, Oklahoma, storage hub to Port Arthur, Texas.

The pipeline will likely ship just over 300,000 bpd of oil this month, traders said last week.

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