TransCanada issues Keystone crude pipeline tariffs to Gulf Coast
HOUSTON - TransCanada Corp issued new tariffs effective Nov. 1 for committed shippers on its Keystone pipeline moving oil from the international border near Canada down to Port Arthur, Texas, according to a regulatory filing on Thursday.
Pipeline tariffs for uncommitted, spot shippers were already available on the line, but the committed tariffs are new, according to a tariff filed with the Federal Energy Regulatory Commission.
The new rate, which includes fixed and variable costs, is $55.979 per cubic meter for light crude and $59.753 per cubic meter for heavy crude. The rate specifies a 20-year term contract.
In July, TransCanada launched an open season to offer the option for binding commitments to send crude from Canada down to the Gulf Coast.
Follow us on social media: