Sunday, August 30th16.6°C
27271
27193

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




Recent Trending




Today's Market
S&P TSX13865.07+98.40
S&P CDNX555.67+10.10
DJIA16643.01-11.76
Nasdaq4828.32+15.62
S&P 5001988.87+1.21
CDN Dollar0.7567-0.0006
Gold1119.50-5.10
Oil45.26+2.70
Lumber237.20-9.70
Natural Gas2.719+0.055

 
Okanagan Companies
Pacific Safety0.165+0.005
Knighthawk0.010.00
QHR Technologies Inc1.29+0.05
Cantex0.04-0.01
Anavex Life Sciences1.34-0.05
Metalex Ventures0.055+0.000
Russel Metals21.41+0.43
Copper Mountain Mining0.64-0.01
Colorado Resources0.075-0.005
ReliaBrand Inc0.004-0.000
Sunrise Resources Ltd0.025+0.005
Mission Ready Services0.07+0.01
Decisive Dividend Corp2.75+0.14

 





FEATURED Property
2362008873 Dehart Rd
10103226 bedrooms
$274,000
more details
image2image2
Click here to feature your property
Please wait... loading


Agree to ask questions

Photo: Thinkstock.comThe STORY: I think, said Janet to herself, that I just figured out a solution to my problem of letting the prospect run the meeting.With that thought in mind, she got out of her c...


Your business is not a bank

Photo: Thinkstock.comYour plumbing business is not a bank. But when you are giving terms to customers that exceed what you get from your suppliers, you become one. And every time that someone does not...


Begin with the end in mind

Photo: ContributedWe humans love our dates: birthdays, anniversaries, 9/11, the Ides of March - our lives are intimately woven within the tapestry of the calendar. So it should come as no surprise whe...

_



27511




Member of BC Press Council