White House photo via Wikimedia
The United States has approved construction of Keystone XL Pipeline, a decision in line with President Donald Trump’s policy to stimulate economic growth and create jobs.
The State Department Friday the decision to issue a permit for construction of the pipeline – that was stalled under the Obama Administration on environmental concerns- would serve the national interest.
Undersecretary of State Thomas A. Shannon Jr., who signed the permit, it said, had “considered a range of factors, including but not limited to foreign policy; energy security; environmental, cultural and economic impact; and compliance with applicable law and policy.”
TransCanada Corporation hailed the decision.
“This is a significant milestone for the Keystone XL project,” said Russ Girling, TransCanada’s president and chief executive officer.
“We greatly appreciate President Trump’s Administration for reviewing and approving this important initiative and we look forward to working with them as we continue to invest in and strengthen North America’s energy infrastructure.”
The company said Keystone XL is an important piece of TransCanada’s comprehensive U.S. growth portfolio driving an investment of more than US$15 billion in liquids and natural gas projects that will create thousands of well-paying jobs and generate substantial economic benefits across the United States.
TransCanada said it will continue to engage key stakeholders and neighbors throughout Nebraska, Montana and South Dakota to obtain the necessary permits and approvals to advance this project to construction.
