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June 17, 2008

TransCanada seeks license for $30B pipeline

  • The 1,715-mile project would move natural gas from the North Slope to the Lower 48.
    • By STEVE QUINN
    Associated Press Writer

    JUNEAU, Alaska — TransCanada Corp. has 36,000 miles of pipeline moving natural gas throughout North America, enough pipe to circle the earth along the equator with about 11,000 miles to spare.

    Now TransCanada wants to add 1,715 miles by building a pipeline rooted in the Arctic oil fields on Alaska’s North Slope that would deliver natural gas to markets in the Lower 48.


     
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