TC Energy, the North American pipelines group, posted lower net income amid higher revenues as a dispute continued with the LNG Canada project over the Coastal GasLink feed-gas from the Montney Shale.
US natural gas flows out of the Appalachian shale-gas basins into the rest of the country have continued to grow and averaged more than 16 billion cubic feet per day last month and proved useful in filling supply gaps as domestic use and LNG exports increase.