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Keystone Oil Pipeline Resumes Operation

OIL

TC Energy Corp yesterday completed a controlled restart, safely returning the Keystone crude oil pipeline to Cushing to service.

  • "The Keystone Pipeline System is now operational to all delivery points," the company said in a statement. The pipeline is operating "with additional risk-mitigation measures, including reduced operating pressures."
  • The 622kbpd pipeline halted on 7 Dec after a leak of 14kbbls of oil reducing flows of Canadian crude to Gulf refineries.
  • The segment containing the leak must operate at 20% lower pressure until it receives further regulatory approval. "Any decisions to increase the Cushing section operating pressure will be made in conjunction and with approval from PHMSA (Pipeline and Hazardous Materials Safety Administration)."

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