TransCanada Markets Upland Pipeline and Energy East Pipeline System

abarrelfullabarrelfull wrote on 24 Feb 2015 08:30
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July 30, 2014

TransCanada Corporation (TransCanada) (TSX:TRP) (NYSE:TRP) today launched an Open Season to obtain binding commitments from interested parties for the Upland Pipeline and Energy East Pipeline System. The Upland Pipeline would provide crude oil transportation from multiple points in North Dakota and interconnects with the Energy East Pipeline System at Moosomin, Sask.

The Open Season follows a successful expression-of-interest phase and subsequent discussions with prospective shippers. Following the completion of the Open Season, if it is successful, TransCanada intends to proceed with the necessary regulatory applications for approvals to construct and operate the required facilities.

During the Open Season period, which expires on September 8, 2014, at 12 MT, interested parties may submit binding bids for transportation capacity of crude oil at multiple points between North Dakota and the interconnect with the Energy East Pipeline System. Additionally, interested parties may submit binding bids for transportation capacity of crude oil for the Energy East Pipeline System.


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