LNG

Canadian pipeline company TC Energy Corp. said its subsidiary Nova Gas Transmission Ltd. (NGTL), has executed a letter of intent with Calgary-based Tidewater Midstream and Infrastructure Inc. and TransAlta Corp. to pay C$255 million (US$185M) to acquire the Pioneer Pipeline.

Australian Prime Minister Scott Morrison has said that natural gas is only credible transition route as he works out deals with individual states, while reshuffling his cabinet to provide support for his gas-led energy policies.