TransCanada Corporation announced a Project Labor Agreement for a significant portion of U.S. construction of the proposed US$7 billion Keystone Gulf Coast Expansion Pipeline Project (Keystone XL).
"The proposed Keystone XL pipeline will have a significant impact on the North American economy through the thousands of manufacturing and construction jobs it is creating," says Russ Girling, TransCanada president and chief executive officer.
"This project is entirely paid for with private sector dollars and is shovel ready."
The agreement will provide TransCanada with a capable, well-trained and ready workforce in the U.S. to construct Keystone XL. During construction, the project is expected to create over seven million hours of labor and over 13,000 new jobs for American workers.
The Project Labor Agreement is with the Laborers International Union of North America, the International Brotherhood of Teamsters, the United Association of Journeymen and Apprentices of the Plumbing and Pipefitting Industry of the United States and Canada, AFL-CIO, the International Union of Operating Engineers and the Pipeline Contractors Association.
"It's our job to weld sections of Keystone Pipeline that will extend miles underground, across several states and transport hundreds of thousands of barrels of oil daily for decades to come," said William Hite, General President of the United Association of Journeymen and Apprentices of the Plumbing and Pipefitting Industry of the United States and Canada, AFL-CIO.
"It's the vision and competence of TransCanada in the U.S. that provides our skilled local workforce with the means to perform the trade they have been taught while contributing to their communities. We are proud to be a part of the collaboration that is Keystone Pipeline."
TransCanada received approval in March 2010 from the National Energy Board in Canada for the proposed Keystone expansion project. When completed, the expansion project will increase the commercial capacity of the Keystone Pipeline System from 590,000 barrels per day to approximately 1.1 million barrels per day.
The US$12 billion system is 83 percent subscribed with long-term, binding contracts that include commitments of 910,000 barrels per day for an average term of approximately 18 years.
"The Keystone Pipeline project will offer working men and women a real chance to earn a good wage and support their families in this difficult economic climate," said International Brotherhood of Teamsters James P. Hoffa.
"Our country was built by the hard-working men and women of the middle class - when they prosper so does America. Investment projects like Keystone Pipeline will go a long way toward helping our country down the road to economic recovery."
Source: TransCanada
"The proposed Keystone XL pipeline will have a significant impact on the North American economy through the thousands of manufacturing and construction jobs it is creating," says Russ Girling, TransCanada president and chief executive officer.
"This project is entirely paid for with private sector dollars and is shovel ready."
The agreement will provide TransCanada with a capable, well-trained and ready workforce in the U.S. to construct Keystone XL. During construction, the project is expected to create over seven million hours of labor and over 13,000 new jobs for American workers.
The Project Labor Agreement is with the Laborers International Union of North America, the International Brotherhood of Teamsters, the United Association of Journeymen and Apprentices of the Plumbing and Pipefitting Industry of the United States and Canada, AFL-CIO, the International Union of Operating Engineers and the Pipeline Contractors Association.
"It's our job to weld sections of Keystone Pipeline that will extend miles underground, across several states and transport hundreds of thousands of barrels of oil daily for decades to come," said William Hite, General President of the United Association of Journeymen and Apprentices of the Plumbing and Pipefitting Industry of the United States and Canada, AFL-CIO.
"It's the vision and competence of TransCanada in the U.S. that provides our skilled local workforce with the means to perform the trade they have been taught while contributing to their communities. We are proud to be a part of the collaboration that is Keystone Pipeline."
TransCanada received approval in March 2010 from the National Energy Board in Canada for the proposed Keystone expansion project. When completed, the expansion project will increase the commercial capacity of the Keystone Pipeline System from 590,000 barrels per day to approximately 1.1 million barrels per day.
The US$12 billion system is 83 percent subscribed with long-term, binding contracts that include commitments of 910,000 barrels per day for an average term of approximately 18 years.
"The Keystone Pipeline project will offer working men and women a real chance to earn a good wage and support their families in this difficult economic climate," said International Brotherhood of Teamsters James P. Hoffa.
"Our country was built by the hard-working men and women of the middle class - when they prosper so does America. Investment projects like Keystone Pipeline will go a long way toward helping our country down the road to economic recovery."
Source: TransCanada
