U.S. to continue Keystone review for now, despite request for pause

|By:, SA News Editor

The State Department says it will continue reviewing the Keystone XL pipeline project even as it considers TransCanada (NYSE:TRP) request to suspend its evaluation of the project.

A department spokesperson today did not offer an estimate of when it would respond to TRP's request, did not know whether the department would need to consult other U.S. government agencies, and was not aware of any requirement for the U.S. to consult with Canada on the company’s request.

The White House press secretary says the Obama administration would examine what was "motivating" TRP’s request.

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