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BRIEF-Transcanada seeks 30-day suspension of Energy East Pipeline and Eastern Mainline Project applications

Published 2017-09-07, 05:37 p/m
© Reuters.  BRIEF-Transcanada seeks 30-day suspension of Energy East Pipeline and Eastern Mainline Project applications
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Sept 8 (Reuters) - Transcanada Corp TRP.TO

* Transcanada seeks 30-day suspension of Energy East Pipeline and Eastern Mainline Project applications

* Transcanada - Filed letter with National Energy board seeking 30-day suspension of Energy East Pipeline and Eastern Mainline Project applications

* Transcanada Corp - Transcanada will cease recording allowance for funds used during construction (AFUDC) on projects effective August 23, 2017

* Transcanada - Suspension will allow time to review recent changes announced by NEB regarding list of issues and environmental assessment factors

* Transcanada Corp - Apart from Energy East, co will continue to advance its $24 billion near-term capital program in addition to longer-term opportunities

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