Keystone XL Revival Raised by New Pipeline Proposal in Montana

Article content(Bloomberg) — South Bow Corp. is considering an expansion of its pipeline system that may revive a version of the canceled Keystone XL project.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentBridger Pipeline LLC filed an application last month with the Montana Department of Environmental Quality to build and operate a 550,000 barrel a day line that would move Canadian crude through Montana to Wyoming. The route would originate near Keystone XL’s planned border crossing, raising the prospect that parts of the long-stalled project could be repurposed.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentKeystone XL was meant to be an expansion of the existing Keystone system, which crosses the US border in North Dakota, and instead has become a political flashpoint since it was originally proposed in 2008. Former US President Joe Biden withdrew a key permit for the project in 2021 after portions had already been built in Canada.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentSouth Bow is now evaluating an expansion that would leverage existing infrastructure and permitted corridors in Canada to connect with downstream pipelines in the US, Solomiya Lyaskovska, a South Bow spokesperson, said in an email, responding to questions about the Bridger plan. The concept is in its early stages, and the company will work with prospective customers, stakeholders and rightsholders before sharing further details, she said.Article contentSouth Bow is a spinoff of TC Energy Corp., which originally proposed Keystone XL.Article contentThe Bridger project would allow the “stranded steel” of Keystone XL to be converted into a working pipeline system, according to a report from RBN Energy LLC. If tied into that dormant footprint, the combined pipes could create a functional cross-border outlet without the need for Keystone XL’s southern leg, RBN said. Article contentArticle contentBill Salvin, a spokesperson for Bridger Pipeline, declined to comment on which pipeline or other infrastructure in Canada would link to the company’s proposed project.Article contentA project resembling Keystone XL might ease tensions between Canada and President Donald Trump after tariffs imposed early in his term damaged cross-border relations.Article contentTrump has called for Keystone XL to be revived, writing last year on social media that the project “should come back to America, and get it built — NOW!” Canadian Prime Minister Mark Carney also raised the prospect of reviving Keystone XL during a meeting in the White House last year with the president. Article contentProposed almost 20 years ago to carry crude from Alberta’s oil sands to US refineries, Keystone XL became a point of conflict between environmentalists and supporters of expanded oil development.

Former President Barack Obama rejected the project, straining relations with Canada.Article contentTrump then revived it during his first term before Biden canceled it in 2021. The line was designed to run from Hardisty, Alberta, to Steel City, Nebraska.Article contentTrending Posthaste: Canadian dollar is facing a big risk that markets seem to be overlooking News Here's why mortgage renewals may be the banks' biggest rip-off Personal Finance Posthaste: Forget tariffs, here's how Trump is really making money off Canada News New cross-border U.S. pipeline proposal could revive idle Keystone XL assets: analysts Oil & Gas Garry Marr: Mexico chaos shows it's time to start thinking of your vacation as an investment and hedge your bets Personal Finance Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Posthaste: Canadian dollar is facing a big risk that markets seem to be overlooking News Here's why mortgage renewals may be the banks' biggest rip-off Personal Finance Posthaste: Forget tariffs, here's how Trump is really making money off Canada News New cross-border U.S. pipeline proposal could revive idle Keystone XL assets: analysts Oil & Gas Garry Marr: Mexico chaos shows it's time to start thinking of your vacation as an investment and hedge your bets Personal Finance