Heartland Oil Pipeline
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Heartland Oil Pipeline was a proposed oil pipeline in Alberta, Canada.[1] The project was cancelled in 2021.[2]
Location
The proposed pipeline would originate in Fort Saskatchewan, Alberta, and terminate in Hardisty, Alberta.
Project Details
- Operator:
- Owner: TC Energy[1]
- Parent company: TC Energy[1]
- Capacity: 900,000 barrels per day[2]
- Length: 125 miles (200 kilometers)[2]
- Diameter:
- Status: Cancelled[2]
- Start year:
- Cost: US$ 889.9 million[3]
- Financing:
- Associated infrastructure:
Background
TC Energy proposed the $900-million Heartland Pipeline and TC Terminal projects in 2013.[4] The pipeline would transport up to 900,000 barrels of crude oil a day, with the terminal located in the Heartland industrial area north of Edmonton capable of storing 1.9 million barrels of crude oil.[4]
In a 2015 annual report filed with the U.S. Securities and Exchange Commission, TC Energy announced that the Heartland Pipeline and TC Terminal would be delayed indefinitely, and that “the in-service date for the projects will be determined and aligned with industry conditions and customer’s requirements.”[5]
In 2021, TC Energy took an impairment charge on the project as it was related to the cancelled Keystone XL project.[2]
Articles and resources
References
- ↑ 1.0 1.1 1.2 Heartland Oil Pipeline, TC Energy website, accessed September 2017
- ↑ 2.0 2.1 2.2 2.3 2.4 Government of Alberta. "Heartland Pipeline and TC Terminal". majorprojects.alberta.ca. Retrieved 2023-02-21.
- ↑ Asset Data, IJGlobal, accessed Aug. 27, 2020
- ↑ 4.0 4.1 TransCanada to develop the Heartland Pipeline and Terminal facilities, PennEnergy, 2 May 2013
- ↑ Alberta Heartland & Oil Sands Infrastructure Expansions Slow in Low Price Environment, Genscape, 11 Aug. 2016
