Nebraska regulators to vote on TransCanada’s Keystone XL pipeline next week
LINCOLN, Neb. — A decision on the last major regulatory hurdle for TransCanada (TSX:TRP) in its nine-year quest to complete the Keystone XL pipeline will be made next week.
The Nebraska Public Service Commission says in statement that a vote on the application will be held during its meeting on Nov. 20.
Approving the project would allow TransCanada to gain access to holdout landowners’ property using Nebraska’s eminent domain laws.
The pipeline would transport oilsands oil from Alberta through Montana and South Dakota to Nebraska, where it would connect with existing pipelines that feed Texas Gulf Coast refineries.