The U.S. State Department gave a vote of confidence to the Keystone XL pipeline on Friday, saying in a report that it has no major environmental objections to the construction of the megaproject.


The report says development of the massive pipeline to move oil from Alberta to refineries on the U.S. Gulf Coast won't significantly increase the rate of oil extraction and create and unacceptable level of greenhouse gases.


That had been a key hurdle standing in the way of the project's approval.


More to come


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A final decision may not come for several months, but this study is seen as a critical step in determining whether the project will go ahead.