ABJ - November 16 - TransCanada Corporation announced that the Final Environmental Impact Statement (FEIS) for the Keystone XL crude oil pipeline has reaffirmed the environmental integrity of the project.

This is the third Environmental Impact Statement that the U.S. Department of State has issued on Keystone XL since the review began in 2008. "The FEIS reaffirms the findings of the two previous environmental impact statements that the Keystone XL pipeline will have no significant impact on the environment," said Russ Girling, President and CEO, TransCanada Corp. "Today's FEIS continues to demonstrate the focus on safety and the environment that has gone into the development of this critical North American pipeline.”

The environmental review process for Keystone XL (culminating in the FEIS) has been the most exhaustive and detailed review for a cross-border pipeline that has ever been undertaken by of the Department of State.

"We know how hard the Department of State has worked to make this review [process] as transparent and thorough as possible, including consulting with more than 10 other federal agencies," Girling added. "We appreciate their continued commitment to completing their review by the end of this year."

The nine-volume FEIS is more than 1,000 pages in length. Keystone XL has gone through an exhaustive 36-month review, including numerous public meetings, multiple public comment periods, submittal and review of thousands of pages of information and responses to hundreds of detailed questions.

"Support for Keystone XL continues to grow because the public, opinion leaders and elected officials can see the clear benefits that this pipeline will deliver to Americans," added Girling. "The fundamental issue is energy security. Through the Keystone system, the U.S. can secure access to a stable and reliable supply of oil from Canada where we protect human rights and the environment, or it can import more higher-priced oil from nations who do not share America's interests or values."