UPDATE 5-TransCanada, Nebraska to work on new Keystone route

Tue Nov 15, 2011 4:51am GMT

* Route would avoid environmentally sensitive areas

* Nebraska to vote on deal on Tuesday

* Won't change timeline for federal review-State Dept

By Michael Avok

LINCOLN, Neb, Nov 14 (Reuters) - Nebraska and TransCanada Corp agreed on Monday to find a new route for the stalled Keystone XL pipeline that would steer clear of environmentally sensitive lands in the state.

Under pressure from green groups, the U.S. State Department last week ordered the company to find a new route for the line in a decision that set back the $7 billion, Canada-to-Texas pipeline by more than a year.

The pipeline would deliver 700,000 barrels a day of crude from Alberta's oil sands to Texas refineries. But environmentalists strongly oppose the project, because of the route, concerns about spills and carbon emissions from production of oil sands crude.   Continued...

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