Heartland Oil Pipeline

From Global Energy Monitor
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.
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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.

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Project Details

Heartland Pipeline; Map Credit: http://bit.ly/2jiIkm1
  • 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. 1.0 1.1 1.2 Heartland Oil Pipeline, TC Energy website, accessed September 2017
  2. 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.
  3. Asset Data, IJGlobal, accessed Aug. 27, 2020
  4. 4.0 4.1 TransCanada to develop the Heartland Pipeline and Terminal facilities, PennEnergy, 2 May 2013
  5. Alberta Heartland & Oil Sands Infrastructure Expansions Slow in Low Price Environment, Genscape, 11 Aug. 2016

Related GEM.wiki articles

External resources

External articles