Project Profile
Value: US$900 million
Location: Connecting the Edmonton region to facilities in Hardisty, Alberta, Canada
Storage capacity: 1.9 million barrels of crude oil Capacity of pipeline: 900,000 barrels of crude oil a day
Length: 200 kilometre (125-mile)
Start-up Year: Second half of 2015
TransCanada Corporation has reached binding long-term shipping agreements to build, own and operate the proposed Alberta-based Heartland Pipeline and TC Terminals projects. The proposed projects are being developed to support growing crude oil production in Alberta and will include the 200 kilometre (125 mile) pipeline connecting the Edmonton region to facilities in Hardisty, Alberta and a terminal facility in the Heartland industrial area north of Edmonton. TransCanada anticipates the pipeline could ultimately transport up to 900,000 barrels of crude oil a day, while the terminal is expected to have storage capacity for up to 1.9 million barrels of crude oil. The projects have a combined cost estimated at US$900 million and are expected to come into service during the second half of 2015.
TransCanada began initial engagement with stakeholders and Aboriginal communities through a feasibility study in the fall of 2012. The company intends to file a regulatory application for the terminal in spring 2013, followed by a separate application for the pipeline in the fall. The projects will be developed with Aboriginal and stakeholder input, as well as consideration for environmental, archaeological and cultural values, land use compatibility, safety, constructability and economics. As a member of the world Dow Jones Sustainability Index, TransCanada is an industry leader that is committed to minimising the impact of its operations.
Operators:
TransCanada Corporation: Operator with 100% interest