Calgary, Alberta — The Keystone XL Pipeline Project has officially been terminated.
According to TC Energy Corporation, after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project.
They tell us that construction activities to advance the project were suspended following the revocation of the project’s Presidential Permit on January 20, 2021. The company tells us they will continue to coordinate with regulators, stakeholders, and indigenous groups to meet environmental and regulatory commitments and ensure a safe termination of and exit from the project.
TC Energy’s President and Chief Executive Officer, François Poirier says that the company values the “strong relationships we’ve built through the development of this project and the experience we’ve gained.” He says they remain grateful to the many organizations that supported the project and would have shared in its benefits, including the company’s partners, the Government of Alberta, and Natural Law Energy; their customers, pipeline building trade unions, local communities, indigenous groups, elected officials, landowners, the Government of Canada, contractors and suppliers, industry associations and their employees.
The company tells us they will continue to identify opportunities to apply this level of ingenuity across their business going forward, including their current evaluation of the potential to power existing U.S. assets with renewable energy.
The pipeline would have cut through South Dakota, exiting the state about 200 miles west of Sheldon, headed southeast and ending up near the Kansas border where it was to have connected to other pipelines.