TransCanada investment

Written by  John McKay
Thursday, 01 November 2018
Free Read

Nov 1 (LNGJ) - TransCanada Corp., the pipeline company that will transport feed-gas to LNG plants such as LNG Canada being developed by Royal Dutch Shell and its Asian partners in British Columbia, said it would move forward with a $1.5 billion expansion of its NOVA Gas Transmission Ltd. (NGTL) System to connect existing and new supply to incremental intra-basin market demand. “The NGTL System continues to expand as parties require and contract for greater pipeline capacity to meet the growing demand for clean-burning natural gas from domestic and export markets,” said Russ Girling, TransCanada’s President and Chief Executive. “This new investment brings the capacity expansion programs underway on the NGTL System to more than $9 billion,” added Girling. TransCanada noted that shippers had already executed 377 million cubic feet per day of firm receipt services from November 2021 that will connect incremental Montney shale gas and Deep Basin supply to the system.

Rate this item
(0 votes)

Related Video

Free Read