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TransCanada gets approval for Keystone restart

  • TransCanada (NYSE:TRP) has received authorization from the Pipeline and Hazardous Materials Safety Administration to restart the 590K barrel per day Keystone crude pipeline at reduced pressure.
  • The pipeline, which delivers light and heavy crude from Hardisty, Alberta, to Cushing, Oklahoma, and Illinois, was shut last Saturday after a potential leak was discovered in South Dakota.

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