TC Energy Advances Coastal GasLink Phase 2
TC Energy confirmed that its Coastal GasLink Phase 2 project will move forward following a positive final investment decision by LNG Canada and its partners for the Kitimat facility expansion. The project will nearly double pipeline capacity to support rising global natural gas demand.
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TC Energy Corp will advance its Coastal GasLink Phase 2 project following a positive final investment decision by Canada's LNG Canada joint venture, the company said on Tuesday morning. The expansion will nearly double pipeline capacity along the 670-kilometer route linking Dawson Creek to the Kitimat export facility. Global buyers are increasingly seeking diversified supplies of natural gas as tighter markets and producer outages drive up long-term demand.
