Canadian contractor TC Energy, which was engaged in the construction of the Keystone XL oil pipeline from Canada to the United States, on June 9 announced the closure of the project in connection with the decision of American President Joe Biden to stop its implementation. This is stated in the company’s statement published on its website.
“TC Energy today confirmed that, after fully exploring options and consulting with its partner, the government of [the province of] Alberta, it is closing the Keystone XL project,” the text reads.
In January, Biden signed an executive order halting the construction of the Keystone XL oil pipeline. This step was taken although Ottawa supported the project. In November 2016, the then President of the United States, Barack Obama, announced his decision to abandon the Keystone XL project, saying that it “does not meet the interests of US national security,” but in January 2017, at that time, the head of the White House, Donald Trump, signed a decree canceling the decision of the previous US administration.