LNG

TC Energy Corp. has completed project financing and the sale of a 65 percent equity interest in the Coastal GasLink pipeline project to supply feed gas for LNG shipments to Asia from the Canadian province of British Columbia.

TC Energy will close the sale of a majority stake in the Coastal GasLink Pipeline to two equity funds by June and will also offer 20 Canadian First Nations a 10 percent share of the project to bring feed-gas for LNG processing on the Pacific Coast of British Columbia.