Loading articles...

Keystone XL's bottom line won't be affected by added safety conditions

The proposed Keystone XL oilsands pipeline has to add some new safety conditions, but it’s not expected to affect the company’s finances.

A FirstEnergy Capital spokesperson says it means a few extra welding steps, and it shouldn’t hurt the pipeline company’s bottom line.

According to media reports, the U-S wants TransCanada to step-up construction monitoring and to include a quality management program.

A final decision on the line that connects Alberta to the Gulf Coast is expected after November’s midterm elections.

The pipeline company hints the price of the pipeline’s expected to hike over the original six billion dollars.