TC Energy Corp., one of North America’s leading pipeline companies and LNG feed-gas suppliers, posted a first-half loss because of the cancellation of the Keystone oil pipeline to the US and is also in a dispute over the Coast GasLink for Canadian LNG projects in British Columbia.
TC Energy, the North American pipeline company, said it was working with the Royal Dutch Shell-led LNG Canada project on a revised timetable and budget because of Covid-19 delays while boosting US Gulf Coast LNG feed-gas supplies as it posted first-quarter losses after the cancellation of the Keystone XL oil pipeline.