Monday, September 15th19.3°C
22190
22754

NEB audit on TransCanada pipeline safety practices finds room for improvement

CALGARY - A National Energy Board audit of TransCanada Corp. (TSX:TRP) pipeline safety practices says the company has addressed its most serious issues, but it's still breaking the rules in some areas.

The watchdog's report, released Monday, says the Calgary-based pipeline operator was found to be meeting legal requirements in five of nine so-called "sub-elements" of the audit.

It says TransCanada has identified the majority, and most significant, of its hazards and risks.

But there are four other areas in which the company was found to be non-compliant: hazard identification, risk assessment and control; operational control in upset or abnormal operating conditions; inspection, measurement and monitoring, and management review.

TransCanada must file a corrective action plan to the NEB within 30 days detailing how it intends to fix the problems.

The NEB announced its audit in the fall of 2012 after a then-employee of TransCanada came forward with allegations of safety lapses.

The report notes that TransCanada only made changes after the whistleblower complained, rather than dealing with them proactively with its management system.

The Canadian Press


Read more Business News

21196


Recent Trending




Today's Market
S&P TSX15482.56-49.021
S&P CDNX981.50-6.43
DJIA17031.1443.63
Nasdaq4518.903-48.696
S&P 5001984.13-1.41
CDN Dollar0.9052+0.0006
Gold1237.50+2.40
Oil92.81-0.11
Lumber349.00+1.00
Natural Gas3.984-0.013

 
Okanagan Companies
Pacific Safety0.18-0.02
Knighthawk0.01-0.005
QHR Technologies Inc1.29-0.01
Cantex0.06-0.01
Anavex Life Sciences0.25+0.01
Metalex Ventures0.065-0.005
Russel Metals36.17-0.09
Copper Mountain Mining2.70-0.18
Colorado Resources0.155-0.01
ReliaBrand Inc0.024-0.0078
Sunrise Resources Ltd0.02-0.005
Mission Ready Services0.265-0.01

 





FEATURED Property
2060575#74-2210 Louie Drive
2 bedrooms 1 baths
$204,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Power-save your way to a down payment

Part 1 of 2 Photo: Thinkstock.com1. Move in with your parents or in-laws Explain that you're thinking strategically in moving back home. The quickest way to get into the housing market is to ma...


Price Guarantees

Article written by Linda Bustos Though I’d never recommend “lowest prices” as a unique selling proposition, I notice many retailers use a Price Match Guarantee or even a 110% Guara...


Brangelina and Celebrity vs Philanthropy

This week my wife wrote a blog for our charities website, I thought you may enjoy reading it here: I was planning to write about the incredible philanthropic Miss Angelina when, funnily enough, she ...

_








Member of BC Press Council


23422