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CALGARY, Alberta, Feb. 01, 2023 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced updated cost estimates for the Coastal GasLink Project (the Project). The Project continues to face material cost pressures that include challenging conditions in the Western Canadian labour market; shortages of skilled labour; impacts of contractor underperformance and disputes; as well as other unexpected events like drought conditions and...

With this project, 2.9 miles (4.7 km) will be built along with two compressor stations and replacement of 26 miles (41.8) of existing pipeline. The changes will increase capacity by 1.3 billion cubic feet per day.

The Towerbirch pipeline project will include 55 km of 36-inch pipeline paralleling the existing NGTL Groundbirch Mainline, along with new meter stations, and expansion of one meter station. The majority of this projects scope will be within British Comumbia, with only a portion in Alberta.

All aspects of the life cycle of a pipeline – from design and construction to operation and retirement – are guided by our comprehensive Operational Management System and strictly overseen by regulatory agencies and government departments. That's why every TC Energy pipeline is rigorously and precisely built with high-quality materials and the latest proven technology, and monitored by expert staff, every step of the way. Take the journey with us, and learn about the life cycle of a pipeline from planning to monitoring and beyond.

NGTL GP is proposing to decommission 11 laterals or loops and one co-located meter station on the NGTL System as these assets are no longer required to meet customer demand.