TransCanada may abandon Energy East pipeline facing tougher review - Calgary - CBC News

By Thomson Reuters, CBC News Ottawa, September 7, 2017

TransCanada will suspend the application for its Energy East pipeline for 30 days and may abandon the project, the company said on Thursday, weeks after the National Energy Board regulator announced a tougher review process.

TransCanada will do a "careful review" of the new assessment process to gauge its effect on the costs, schedules and viability of the pipeline to the Atlantic coast, the company said in a statement.

The National Energy Board in August expanded the scope of Energy East's review, saying it will consider the project's indirect greenhouse gas contributions and will provide "more visibility" to the evaluation of risks associated with accidents such as oil spills.

http://www.cbc.ca/news/canada/calgary/transcanada-may-abandon-energy-east-1.4280051

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