Saskatchewan Premier Brad Wall is happy to see the approval of the Keystone-XL Pipeline by President Donald Trump.
Wall said Keystone is exempt from Trumps “Buy American” order that only allows American steel to be used on projects south of the border.
He fully expects pipe manufactured at Evraz in Regina to be included in the pipeline .
Wall also said there are still many positives for Saskatchewan even though the line will not carry provincial oil.
“Even though there will not be Saskatchewan oil in the pipeline, anytime we get Canadian oil to tide-water, in this case the Gulf, we lower the differential, the discount at which we’ve been selling our oil forever, and that discount is between the world price, the rent price for crude, and the West Texas price which is what we get in Canada,” Wall said on Friday.
TransCanada is still looking to reach an agreement with Nebraska landowners before construction of the pipeline can begin.
“I mean they have their concerns around aquifer issues, there has been a re-routing that I think was maybe obviously not to the universal satisfaction of the people of Nebraska but certainly to a number of opinion leaders, I won’t comment beyond that but I’d be optimistic that re-routing has answered some of those concerns,” Wall said.