Nebraska report favours Keystone XL

Moving forward: report shines positive light on Keystone prospects

AP/Scanpix

related stories

News Wires

 04 January 2013 21:30 GMT

The controversial Keystone XL oil pipeline received a boost on Friday when Nebraska regulators said its proposed new route would avoid many of the ecologically-sensitive areas that led the US government to block it last year.

The new route for the $5.3 billion Alberta-to-Nebraska pipeline, backed by TransCanada, would avoid the ecologically sensitive Sandhills region but would still cross part of the massive Ogallala aquifer, the Nebraska environment regulator said, according to a Reuters report.

If built, Keystone XL would link Canada's booming oil sands production with the refineries and ports of Texas' Gulf Coast, carrying some 830,000 barrels of oil per day. The project has been targeted by environmentalists concerned about carbon emissions from oil sands production and the risks posed by oil spills to water supplies…

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index