Houston—TransCanada will take an investment decision this “November or December” on its long-proposed Keystone XL pipeline, with two key processes being completed within that timeframe, the president of its liquids pipelines unit, Paul Miller, said Friday. The Nebraska Public Service Commission is reviewing the company’s regulatory application on the final route and the next hearing is in August, Miller said on an earnings call. The commission is due to take a decision by November, he said, on the 1,179-mile, 36-inch-diameter pipeline that will ship 830,000 b/d of crude from Hardisty, Alberta to Steele City in Nebraska.
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