TransCanada submitted
in October 2014 a formal application for a permit to build the Energy
East Pipeline, a 4,600-km pipeline project that will transport about 1.1
million barrels of crude oil per day from Alberta and Saskatchewan to
refineries and port terminals in Eastern Canada.
The development, construction and operation of Energy East will create
thousands of jobs and tangible economic opportunities along the pipeline
route. The project will also generate billions of dollars in tax
revenues for municipalities and provinces, which will help finance the
construction of new schools or the upgrading of roads. Finally, it will
reduce the dependence of Eastern Canada to imported crude oil and help
our refineries become competitive.
Currently, the project has the following major components:
Converting an existing natural gas pipeline to an oil transportation
pipeline
Constructing new pipelines in Alberta, Saskatchewan, Manitoba, Eastern
Ontario, Québec and New Brunswick to link up with the converted pipe
Constructing the associated facilities, pump stations and tank terminals
required to move crude oil from Alberta to Québec and New Brunswick,
including marine facilities that enable access to other markets by ship
While the exact route will only be determined after public and
regulatory review, the planned starting point is a new tank terminal in
Hardisty, Alta. Three other new terminals will be built along the
pipeline’s route: One in Saskatchewan, *one in the Québec City area and
another in the Saint John, N.B., area. *The terminals in the Québec City
and Saint John areas will include facilities for marine tanker loading.
See more at:
http://www.energyeastpipeline.com/ |