TC Energy Corporation has confirmed that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project.
Construction activities to advance the project were suspended following the revocation of its Presidential Permit on January 20, 2021. The company will continue to coordinate with regulators, stakeholders and indigenous groups to meet its environmental and regulatory commitments and ensure a safe termination of and exit from the project.
TC Energy’s president and chief executive officer, François Poirier, said: “We value the strong relationships we’ve built through the development of this project and the experience we’ve gained.
“We remain grateful to the many organisations that supported the project and would have shared in its benefits, including our partners, the Government of Alberta and Natural Law Energy, our customers, pipeline building trade unions, local communities, indigenous groups, elected officials, landowners, the Government of Canada, contractors and suppliers, industry associations and our employees.”
For more information visit TCEnergy.com