NEW YORK The U.S. State Department has approved a presidential permit to build an 80-mile leg of a natural gas pipeline from the United States to Canada.
"The Vantage Pipeline is another major piece of infrastructure that will help us build our North American energy security partnership with our closest friend and ally, Canada," Sen. John Hoeven (R., N.D.) said in a statement.
The completed pipeline will be 430 miles long and capable of carrying up to 60,000 barrels of ethane natural gas per day from Tioga, N.D., to Empress, Alberta. Its construction is expected to inject some $300 million into the U.S. and Canadian economies.
The pipeline took three years to approve, while TransCanada Corp. is still waiting for a presidential permit to build the Keystone XL pipeline after five years, Hoeven said.