TransCanada Corp. expects to begin delivering oil Jan. 3 to Texas on the southern portion of its Keystone pipeline, allowing more crude to leave a key delivery hub in Oklahoma, reports Bloomberg news service.
TransCanada’s Gulf Coast pipeline can carry 700,000 barrels of crude a day to Port Arthur, Texas, from Cushing, Oklahoma. The Calgary-based company disclosed its plan to start service on Jan. 3 in a filing with the U.S. Federal Energy Regulatory Commission, writes Dan Murtaugh of Bloomberg.
