TC Energy and LNG Canada advance pipeline expansion

TC Energy signed deals with LNG Canada to advance Coastal GasLink Phase 2. The framework supports engineering and design ahead of a final investment decision.

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TC Energy Corporation has finalized commercial agreements with LNG Canada to progress the second phase of the Coastal GasLink pipeline project. This development marks a significant step forward for the expansion, which aims to double the natural gas transmission capacity of the existing pipeline network in Canada. While these agreements establish a framework for front-end engineering, design, and project execution, the expansion still requires a final investment decision from LNG Canada and its joint venture partners, as well as formal approvals from Coastal GasLink.

The logo of energy transport firm TC Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren
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