Keystone XL May Be Approved in 6 to 9 Months
Investing News Network - November 16th, 2011
Bloomberg reported that TransCanada Corp. (NYSE:TRP) is likely to receive the approval for its Keystone XL pipeline in six to nine months.
Bloomberg reported that TransCanada Corp. (NYSE:TRP) is likely to receive the approval for its Keystone XL pipeline in six to nine months.
As quoted in the market news:
The U.S. State Department, which has oversight of the Keystone XL pipeline because it would cross an international border, has said studying new routes would cause a delay of 12 to 18 months, regardless of any deal reached between Calgary- based TransCanada and Nebraska.