TransCanada plans end-2013 start for southern leg of Keystone XL

Reuters

CALGARY, Alberta, Oct 2 (Reuters) - The southern portion ofTransCanada Corp's 700,000 bpd Keystone XL oil pipelineis 95 percent complete and the company is focused on the linestarting by the end of 2013, a TransCanada spokesman said onWednesday.

Spokesman Shawn Howard said he could not discuss volumecommitments on the line, but added it was "overwhelminglysubscribed."

The line will have initial capacity of 700,000 bpd,expandable up to 830,000 bpd, Howard said.

Another spokesman for TransCanada said construction on theHouston lateral project pipeline would start in the fourthquarter of 2013, with completion scheduled for late in the thirdquarter to early fourth quarter 2014.

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