Energy East Project

The TransCanada Energy East project proposes converting 1865 miles of the natural gas Mainline system and constructing 870 miles of new pipeline to deliver at least 500 Mb/d of crude oil to eastern Canada from Alberta. The pipeline conversion could solve two problems. It would bump up tariff revenues on the huge 7 Bcf/d Mainline that has been sucking air for years (it only moved 2.4 Bcf/d in 2012). And it would provide a route to Eastern markets for rising production volumes of landlocked Canadian crude. Today in the first of a two part series we examine prospects for this project.