TransCanada says there is no need to move on the application since President Barack Obama has denied the company’s request to cross the Canadian/American border to build the pipeline from Alberta to Steele City, Nebraska.
“We believe it is inappropriate to ask the Commission to continue to move forward on a process that has legally set time lines, while we continue to consider our next course of action,” the company stated in an email released to news media outlets.
TransCanada claims its shippers, labor organizations, landowners, government leaders, and other stakeholders continue to support Keystone XL.
The company says it remains committed to the project and reserves the right to reapply to the PSC at a later date.
TransCanada made its application to the PSC after approval of the pipeline route through Nebraska became embroiled in a legal dispute over the constitutionality of law used to approve it.