TC Energy commences NAFTA claim following revocation of Keystone XL Presidential Permit
Published by Aimee Knight,
Editorial Assistant
World Pipelines,
TC Energy Corporation (TC Energy or the Company) has announced it has filed a Notice of Intent to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada Agreement to recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit.
TC Energy will be seeking to recover more than US$15 billion in damages that it has suffered as a result of the US Government’s breach of its NAFTA obligations.
The Notice of Intent was filed with the US Department of State, Office of the Legal Adviser.
TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP.
Read the latest issue of World Pipelines magazine for pipeline news, project stories, industry insight and technical articles.
World Pipelines’ June 2021 issue
The June issue of World Pipelines includes a regional report on Russia’s most prominent oil and gas pipeline projects, as well as technical articles on design standardisation (Burns & McDonnell), corrosion (Tesi S.p.A.), hydrogen blending in pipelines (ILF) and much more. Don’t miss the dedicated Coatings Q&A on p. 23, with Winn & Coales International Ltd.
Read the article online at: https://www.worldpipelines.com/business-news/05072021/tc-energy-commences-nafta-claim-following-revocation-of-keystone-xl-presidential-permit/
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