TransCanada makes new application to U.S. State Department for Keystone XL
CALGARY — TransCanada Corp. has officially revived the once-dead Keystone XL pipeline with a new application for a presidential permit.
Thursday’s application came two days after U.S. President Donald Trump, who would ultimately need to approve the permit, signed an executive order inviting the company to reapply.
The order also encouraged U.S. regulatory agencies to decide on the application within 60 days, meaning TransCanada could know by the end of March the fate of the pipeline it has been trying to build since 2008.
“I’ve always thought it was the right thing to do, and I’ve always said, eventually, you know, the right thing happens if you’re patient,” said TransCanada CEO Russ Girling in a video statement.