November 10, 2011 / 7:54 PM / 8 years ago

Canada disappointed by U.S. decision on Keystone

OTTAWA (Reuters) - Canada is disappointed by Washington’s move to delay a decision on whether to approve TransCanada Corp’s proposed $7 billion Keystone XL pipeline, a spokesman for Prime Minister Stephen Harper said on Thursday.

U.S. officials said on Thursday they would study a possible new route for the Alberta-to-Texas pipeline, which means final approval could be delayed for up to 18 months.

“We are disappointed with today’s decision to delay a decision on the Keystone XL pipeline ... We remain hopeful the project will be decided on its merits and eventually approved,” Harper spokesman Andrew MacDougall said.

Reporting by David Ljunggren; editing by Peter Galloway

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