TransCanada's Keystone XL pipeline has been granted a new Presidential Permit.
The permit supersedes the Presidential Permit issued in March 2017 and grants permission for TransCanada to construct, connect, operator and maintain pipeline facilities for the import of oil from Canada to the US.
TransCanada says in a statement that this action clarifies the national importance of Keystone XL and aims to bring more than 10 years of environmental review to closure.
Russ Girling, TransCanada's president and CEO says: 'President Trump has been clear that he wants to create jobs and advance US energy security and the Keystone CL pipeline does both of these things. We thank President Trump for his leadership and steadfast support to enable the advancement of this critical energy infrastructure project for North America.
'The magnitude of the work on this project has been extensive. The Keystone XL pipeline has been studied more than any other pipeline in history and the environmental reviews are clear – the project can be built and operated in an environmentally sustainable and responsible way.'
The American Petroleum Institute says that this action reaffirms the national importance of this critical project to US consumers and energy security.
API's president and CEO Mike Sommers says: 'We applaud the administration for taking a no-nonsense approach to permitting this essential critical infrastructure project. The Keystone XL Pipeline has passed every environmental review concluded it can be built safely, with no significant impact to the environment. '
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