TransCanada to build Alberta crude line, terminal

TransCanada Corp. has reached binding long-term shipping agreements to build, own, and operate the proposed Alberta-based Heartland Pipeline and TC Terminals projects. The projects will include a 200-km, 900,000 b/d pipeline connecting the Edmonton region to Hardisty, Alta., and a crude terminal with 1.9 million bbl of storage in the Heartland industrial area north of Edmonton. TransCanada expects the projects to enter service in second-half 2015.

The company described the project as geared toward helping move an expected 3 million b/d increase in Alberta oil production over the next 15 years to Eastern Canada and the US.

TransCanada intends to file a regulatory application for the terminal in this spring, followed by a separate application for the pipeline in the fall. It expects the projects’ combined cost to total $900 million.

TransCanada last year announced the Grand Rapids Pipeline project, a 500-km pipeline system to transport crude oil and diluent between the producing area northwest of Fort McMurray and the Edmonton-Heartland region. The system will deliver 900,000 b/d of crude and 330,000 b/d of diluent by early 2017 (OGJ Online, Oct. 29, 2012).

Contact Christopher E. Smith at chriss@ogjonline.com.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...