TransCanada cancels Energy East pipeline
TransCanada has announced it is cancelling plans for the Energy East pipeline.
Energy East would have carried oil from Alberta and Saskatchewan to refineries on the east coast for processing, and shipment overseas.
The project was a 4,600 kilometre pipeline that would have carried up to 1.1 million barrels of crude oil a day.
Much of the pipeline would have been converted from an existing natural gas pipeline, including the entire length that currently runs through Saskatchewan.