20 Nov Shareholders urge TransCanada to back Keystone XL despite risk
CALGARY, Alberta, Nov 21 (Reuters) – TransCanada Corp
should push ahead with an $8 billion Keystone XL
pipeline expansion after the state of Nebraska on Monday
approved a route that would raise the cost of the controversial
project, some shareholders said.
The approval quashed the last regulatory hurdle for the
nearly decade-old project, but the Nebraska Public Service
Commission denied TransCanada’s preferred route.
That opened the door to potential delays and emboldened
activists who said they
should push ahead with an $8 billion Keystone XL
pipeline expansion after the state of Nebraska on Monday
approved a route that would raise the cost of the controversial
project, some shareholders said.
The approval quashed the last regulatory hurdle for the
nearly decade-old project, but the Nebraska Public Service
Commission denied TransCanada’s preferred route.
That opened the door to potential delays and emboldened
activists who said they
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