TransCanada Seeks to Build C$983 Million Gas Pipeline (Update4)
By Jim Polson
Nov. 21 (Bloomberg) -- TransCanada Corp. will seek approval for a C$983 million ($996 million) natural-gas pipeline project to increase access to production in northwestern Alberta needed by Canadian oil-sands producers.
A permit for the North Central Corridor project will be filed today with the Alberta Energy and Utilities Board for the 300-kilometer (186-mile) pipeline and associated facilities, TransCanada said in a statement. The company's pipeline system already is the largest in Canada.