Controversial events in the history of TransCanada's Energy East pipeline
Controversial events in the history of TransCanada's Energy East pipeline
TransCanada Ends Two Pipeline Projects, Citing 'Changed Circumstances'
06 October, 2017, 00:35
"After careful review of changed circumstances, we will be informing the National Energy Board that we will no longer be proceeding with our Energy East and Eastern Mainline applications", chief executive officer Russ Girling said in a statement.
"Today is the result of the disastrous energy policies promoted by Justin Trudeau and his failure to champion the Canadian energy sector", said Raitt.
"But there is no doubt that with the Energy East pipeline project we would have been able to do even more to grow the economy, strengthen education and improve health care in our province". 7 for 30 days on the $15.7-billion route that would carry Alberta oilsands product from Hardisty to Saint John.
TransCanada's Eastern Mainline project, also cancelled this week, would have added 279 kilometres of new natural gas pipeline facilities and nine compression units to the Canadian Mainline system used to deliver natural gas in Ontario and Quebec.
The two projects cancelled Thursday were "inextricably linked", because TransCanada would be converting some of its natural gas pipeline capacity during the construction of Energy East.
August 23, 2017: In a decision cheered by environmentalists but considered a setback by the oil industry, the National Energy Board says it will allow wider discussion of greenhouse gas emission issues in upcoming hearings for the Energy East Pipeline.
Energy East was up for its second NEB review, after the first stalled previous year amid protests by environmentalists and after revelations that regulatory panel members met privately with a TransCanada consultant.
New Brunswick Premier Brian Gallant says the announcement is not good news for his province.
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May 13, 2015: More than 60 organizations call on the National Energy Board to suspend TransCanada's application for the Energy East Pipeline.
As Energy East supporters lamented the loss of jobs and revenue, Indigenous opponents, environmental activists and a number of Quebec politicians celebrated.
Once heralded as a cross-country, nation-building project when Conservatives ruled in Ottawa, Energy East faced tougher regulatory challenges with the current Liberal government. Companies are not eager to invest in expensive tar sands projects unless the price of oil comes back up.
February 3, 2016: The National Energy Board directing TransCanada to rework its application to build the contentious Energy East pipeline because the document is too hard to understand - even for experts.
Irving Oil has worked together with TransCanada on this project since it was first announced in 2013.
"Make no mistake, other companies' decisions to invest in Canada will be informed by this debacle".
"We're disappointed. We supported the Energy East pipeline because it would have provided supply options and access to western Canadian crudes for our Montreal refinery and also would have provided access to new markets which is critical for Canadian producers".
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