Valero has been public with its support of Keystone since 2008, Day said. He added it was too early to say what direction the San Antonio, Texas, energy trader would take because of the delay, adding the company expected to speak with TransCanada soon on the issue.
Oilsands producer Cenovus Energy would not discuss its shipping agreements, but said the company was meeting with TransCanada for updates.
“Cenovus has taken a position on Keystone XL and we remain supportive of the project,” said spokeswoman Rhona DelFrari in an e-mail. “There has been a great deal of work already completed to determine this was the best route and we are hopeful any remaining concerns can be addressed so this pipeline gets built.”
Shipper options include Kinder Morgan’s proposed TransMountain pipeline expansion to the West Coast, Enbridge’s Wrangler and its equally controversial Northern Gateway pipeline project — which could be gaining force on the Keystone delay.
The 525,000 barrel per day line would ship Alberta bitumen to a marine terminal in British Columbia and on to Asian markets, opening new buyers for Canadian crude virtually limited to a U.S. market.