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TransCanada wins another U.S. approval for line

Fri Mar 14, 2008 10:11pm IST
 
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(In U.S. dollars)

CALGARY, Alberta, March 14 (Reuters) - TransCanada Corp (TRP.TO: Quote, Profile, Research) said on Friday it won U.S. State Department approval to build oil transport facilities at the Canada-U.S. border for its $5.2 billion Keystone pipeline.

The 590,000 barrel a day pipeline to Oklahoma and Illinois from Alberta is expected to be in service in late 2009. It is co-owned by ConocoPhillips. (COP.N: Quote, Profile, Research) (Reporting by Jeffrey Jones; editing by Rob Wilson)

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