US allows restart of Keystone pipeline: Reports
There are media reports that the United States Pipeline and Hazardous Material Safety Administration is permitting the restart of the Keystone pipeline after earlier saying it could not be restarted following a spill on May 29.
The Wall Street Journal reports
The U.S. Department of Transportation on Saturday approved TransCanada Corp.'s plan to restart its Keystone pipeline.... TransCanada on Saturday provided results of its testing along the Keystone and can restart it as soon as the morning of July 5, the PHMSA said in a letter to the company.
"Based on a review of the information submitted, the restart plan is approved," PHMSA Central Region Director David Barrett said in the letter.
Reuters reports that pipeline could start as early as Sunday:
TransCanada Corp (TRP.TO) can restart its Keystone oil pipeline on Sunday, after the company satisfied a series of safety conditions following leaks that idled the key export line twice in less than a month, the U.S. pipeline safety regulator said on Saturday.
The U.S. Pipeline and Hazardous Materials Safety Administration said it approved resumption of crude flows from Canada on the pipeline after the agency evaluated the company's restart plan and was satisfied safety requirements were met.
As of this posting there is no confirming information on the PHMSA or TransCanada websites.
