Derek Leahy

TransCanada Corp. announced on August 1 that it will proceed with plans to create a pipeline capable of shipping 1.1 million barrels per day (bpd) of oil and tar sands bitumen from western Canada to refineries and ports in Quebec and New Brunswick. Called “Energy East”, this west-to-east pipeline would dwarf the oil delivery capacity of TransCanada’s proposed Keystone XL pipeline in the US. Keystone would ship 830,000 bpd.