TransCanada reapplies to build XL permit

May 04, 2012 | 05:35 PM | Catherine Ngai

Tags  TransCanada, Keystone XL pipeline, reapplication, U.S. State Dept., US energy independence, Russ Girling, energy market, steel pipe and tube X70 material

NEW YORK — TransCanada Corp. submitted a new application to the U.S. government Friday to build its controversial Keystone XL pipeline, a project that was denied earlier this year due to environmental concerns.

The proposal entails the second leg of a $7.6-billion plan that aims to convey oil from Canada to Texas’ Gulf Coast. The Calgary, Alberta-based energy company previously announced plans to first construct a portion of the pipeline from Cushing, Okla., to the Gulf Coast of Texas as a standalone effort, then reapply for a Canada-to-Nebraska leg later (AMM,....

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