Rubatex Information

USby Peter Shout

Rubatex Msds TransCanada today proposed building an oil pipeline to transport 400,000 bpd of heavy crude between Alberta and Illinois.

Energy industry regulator Ofgem has proposed a billion investment in the UK's energy network in order to replace old infrastructure.

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The European Union (EU) is looking into the possibility of building a pipeline that bypasses Russia in order to take advantage of reserves from Kazakhstan.

Rubatex Pipe Feb 9, 2005 (AXcess News/SP) Calgary Alberta - TransCanada Corp. (TSX:TRP) (NYSE: TRP) today proposed building an oil pipeline to transport 400,000 bpd of heavy crude between Alberta and Illinois.Transporting oil from Hardisty, Alberta to markets at Wood River and Patoka, Illinois, the proposed Keystone Pipeline would be about 3,000 kilometres (1,870 miles) in length. In addition to new pipeline construction, it would require the conversion of 1,240 kilometres (770 miles) of one of the lines in TransCanada's existing multi-line Alberta and Mainline natural gas pipeline systems in Alberta, Saskatchewan and Manitoba. TransCanada's other existing pipelines will continue to transport Western Canada's natural gas to markets in Canada and the United States.

Thames Water is planning to build a billion reservoir to meet the increased demand of its customers.

Rubatex Pipe Insulation "TransCanada is in the business of connecting energy supplies to markets and we view this opportunity as another way of providing a valuable service to our customers," said Hal Kvisle, chief executive officer. "Converting one of our natural gas pipeline assets for oil transportation is an innovative, cost competitive way to meet the need for pipeline expansions to accommodate anticipated growth in Canadian crude oil production during the next decade."

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Rubatex 180 The proposed pipeline would begin in the oil hub of Hardisty, Alberta and extend across Saskatchewan and Manitoba and down through North Dakota, South Dakota, Iowa, Missouri and Illinois.TransCanada will continue to meet with oil producers, refiners and industry groups, including the Canadian Association of Petroleum Producers, to gauge additional interest and support for the Keystone project. Preliminary discussions with stakeholders including communities, government representatives and landowners along the proposed route have begun.Advertisement

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Rubatex 180 Fs Later this year, producers, refiners and marketers interested in securing capacity on the pipeline will be invited to participate in a customary, industry-wide Open Season process. TransCanada has received support for this project from a number of producers and refiners. When sufficient support for this project from oil producers and shippers is obtained, TransCanada will proceed with the necessary regulatory applications.TransCanada will require regulatory approvals from a variety of Canadian and U.S. agencies before construction can begin. Input from all stakeholders will be received through the regulatory process and an extensive public consultation process.

Rubatex 1800 To view a map of the proposed pipeline route and other information about the Keystone project, please visit the project web page.

Rubatex 320 Shares of TransCanada were down 4 cents at $24.03 following the news.

Rubatex 373 Source: Source Press

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