TC Energy is looking for a way to start construction on its long-delayed Keystone XL oil pipeline despite a recent US Supreme Court ruling that quashed its regulatory authorization to lay pipe across streams and rivers.
The Canadian company plans to “pursue other permitting means to gain regulatory authorisation to to construct the pipeline across wetlands and waterbodies", it said Thursday in its second-quarter earnings statement, without giving further details.
The move comes after the Supreme Court earlier this month left in force part of a court order that blocks TC’s utilisation of a key, nationwide authorisation that the US Army Corps of Engineers uses to approve water crossings. The court’s decision threatens to delay almost all construction on Keystone XL in the U.S. until 2021.