POLITICS

TransCanada suspends efforts to acquire Nebraska land for pipeline amid legal challenge

02/12/2015 04:46 EST | Updated 04/14/2015 05:59 EDT
OMAHA, Neb. - Calgary-based TransCanada Corp. (TSX:TRP) is temporarily suspending efforts to seize Nebraska land for the Keystone Pipeline XL amid a legal challenge.

A Holt County District judge issued a temporary injunction Thursday, keeping TransCanada from invoking eminent domain along the proposed Keystone Pipeline route in northern Nebraska.

TransCanada agreed to the order, hoping to get an accelerated trial schedule.

Landowners have sued over the project.

TransCanada filed legal papers in nine Nebraska counties three weeks ago to invoke eminent domain for the land that's needed to construct, operate and maintain the pipeline.

The Keystone Pipeline would carry an estimated 800,000 barrels of crude oil a day to Nebraska, where it would connect with existing pipelines headed for Gulf Coast refineries.