NEW YORK TransCanada
Corp. is holding a "binding open season" to obtain firm
commitments for its proposed Energy East Pipeline project from
western to eastern Canada, the company said April 2.
The Calgary, Alberta-based
company will convert about 1,864 miles of pipeline used for
transporting natural gas to crude oil service for the project,
as well as construct some 870 miles of new pipeline.
The open season will begin April
15 and close June 17, the company said.
The 850,000-barrel-per-day line could be in service as early
as late 2017, the company said.