Keystone to Resume Crude Oil Deliveries on Tuesday, November 28
AMHERST, SOUTH DAKOTA--(Marketwired - Nov 27, 2017) - Media Advisory - TransCanada Corporation (TSX:TRP) (NYSE:TRP)
(TransCanada) announced that its Keystone Pipeline repair and restart plans have been reviewed by the Pipeline and Hazardous
Materials Safety Administration (PHMSA) with no objections, permitting a safe and controlled return to service of the Keystone
System.
As part of the reviewed plans, TransCanada will operate the pipeline at a reduced pressure starting on Tuesday, November 28,
2017, to ensure a safe and gradual increase in the volume of crude oil moving through the system. We are communicating plans to
our customers and will continue working closely with them as we begin to return to normal operating conditions. TransCanada will
comply with any future PHMSA orders and requirements as a result of this incident to ensure the integrity of the pipeline.
We appreciate the continued cooperation and support from local officials, emergency response personnel and commissioners in
Marshall County, as well as the landowner who has granted permission to access land for assessment, repair and clean-up
activities. We also want to recognize the continued efforts of our crews, contractors and businesses in the community for their
around-the-clock support, which has allowed us to respond quickly and safely to this event.
With more than 65 years' experience, TransCanada is a leader in the responsible development and reliable operation of North American energy
infrastructure including natural gas and liquids pipelines, power generation and gas storage facilities. TransCanada operates one
of the largest natural gas transmission networks that extends more than 91,500 kilometres (56,900 miles), tapping into virtually
all major gas supply basins in North America. TransCanada is the continent's leading provider of gas storage and related services
with 653 billion cubic feet of storage capacity. A large independent power producer, TransCanada currently owns or has interests
in approximately 6,200 megawatts of power generation in Canada and the United States. TransCanada is also the developer and
operator of one of North America's leading liquids pipeline systems that extends approximately 4,800 kilometres (3,000 miles),
connecting growing continental oil supplies to key markets and refineries. TransCanada's common shares trade on the Toronto and
New York stock exchanges under the symbol TRP. Visit TransCanada.com to
learn more, or connect with us on social
media and 3BL Media.