Commodities and Futures News

TC Energy has plan to restart Keystone pipeline

2022.12.20 11:42


TC Energy has plan to restart Keystone pipeline

Budrigannews.com – Two weeks after the line ruptured in the worst oil spill in the United States in nine years, a source familiar with the situation reported on Tuesday that TC Energy Corp had submitted its plan to restart the Keystone pipeline to U.S. regulators.

On December 7, the 622,000-bpd pipeline ruptured, spilling 14,000 barrels of oil in rural Kansas. This was the third major leak from the line in the previous five years. The pipeline was shut down.

The line can still restart once it is repaired and the plan is approved by the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA), despite the fact that the cleanup will take weeks or months.

TC has not made the spill’s cause known to the public. The Environmental Protection Agency of the United States and TC could not immediately be reached for comment.

Diluent bitumen, a heavy oil that tends to sink in water and is harder to collect than oils that float, leaked from the line. The U.S. Environmental Protection Agency, TC employees, pipeline regulators, state and local officials, and more than 400 others are participating in the cleanup.

By the beginning of March, or 90 days after the corrective action order was issued by PHMSA, TC must have completed an investigation into the underlying causes of the line’s failure.

More Citgo Petroleum’s profit may reach more than 2 billion this year

7,233 barrels of oil have been recovered from Mill Creek so far by the response team.

The closed portion of the line extends for 96 miles (155 kilometers) south of a crucial junction in Steele City, Nebraska, in Kansas. At that point, the line splits, with one leg going to refineries in the Midwest. The previous week saw the leg reopened.

TC Energy has plan to restart Keystone pipeline

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