TransCanada Corporation released the following statement from Russ Girling, TransCanada's President and Chief Executive Officer, related to another process delay announced by the U.S. Department of State (DOS) April 18, 2014 with respect to the permitting process for Keystone XL.

DOS said on April 18 that it will seek the input of eight federal agencies in the course of assessing the National Interest Determination. DOS had previously asked for their views by early May. State has now notified agencies that it is extending the period and providing more time for the submission of their views on the proposed project. A core reason for that, in the words of DOS, is the potential impact of the Nebraska Supreme Court case which could ultimately affect the pipeline route.

Tags: TransCanada Corporation