- TransCanada (TRP) says it has begun moving oil into the Keystone XL pipeline’s southern leg, which runs from Oklahoma to the Texas coast, and is on schedule to begin deliveries by the end of the year.
- TRP will need to fill the new pipeline system before it can begin delivering oil to refineries along the Gulf coast, and it plans to do so with ~3M barrels of oil in the coming weeks.
- The line will be capable of bringing up to 700K bbl/day of oil to the coast, providing more supplies of crude to refineries.
Oil begins flowing through Keystone XL's southern leg
Dec 9 2013, 17:13 ET