TransCanada open to building Keystone in segments

TransCanada open to building Keystone in segments
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TransCanada open to building Keystone in segments 19 Jan 2012 TransCanada Corp may build a $2 billion southern portion of its Keystone XL oil pipeline first following the initial rejection of the full-blown project, which would mesh with one of U.S. President Barack Obama’s goals but put it in direct competition with another major proposal. TransCanada had broached the idea of constructing the Gulf Coast expansion part of the Canada-to-Texas oil pipeline before as a way to help alleviate an oil glut at the Cushing, Oklahoma, storage hub and get more crude to Texas refineries, but Chief Executive Russ Girling said it has now gained in priority.

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