Energy East pipeline project, Canada
Name and Location
Energy East pipeline project, Canada.
Client
TransCanada.
Project Description
The 4 400 km Energy East pipeline project will transport 1.1-million barrels of crude oil a day from receipt points in Alberta and Saskatchewan to Saint John, in New Brunswick, with additional delivery points in Montreal and the Quebec city region.
The plan is to convert about 3 000 km of TransCanada’s existing Canadian Mainline natural gas system into an oil service and to build up to 1 400 km of new pipeline to transport the crude oil.
The pipeline will include four oil tank terminals, 65 to 70 pump stations and two marine tanker loading facilities.
The pipeline will terminate at Canaport, in Saint John, New Brunswick.
Value
The project is expected to cost $12-billion.
Duration
The project is expected to be in service by late 2017 for deliveries in Quebec and by 2018 for deliveries to New Brunswick.
Latest Developments
Based on binding, long-term contracts received from producers and refiners, TransCanada is moving forward with the project.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
TransCanada investor and analyst enquiries, David Moneta, tel +1 403 920 7911 or
email EnergyEast@TransCanada.com.
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