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.

The Canadian National Energy Board said it was scheduling hearings over the next three months to consider a jurisdictional challenge of the approval of a pipeline needed to supply feed-gas to the LNG Canada project led by Royal Dutch Shell.