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TC Energy shares that Coastal GasLink has entered into commercial agreements with LNG Canada.
TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that it will proceed with construction of the Coastal GasLink pipeline project (Coastal GasLink) after a decision to sanction the LNG Canada natural gas liquefaction facility in Kitimat, British Columbia (B.C.) was announced earlier today by the joint venture participants of LNG Canada, a consortium comprised of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS (the LNG Canada Participants).
TransCanada Corporation today announced that it has successfully completed its second binding expansion capacity Open Season at the Empress/McNeill Export Delivery Point on its NOVA Gas Transmission Ltd. (NGTL) System in 2018. NGTL offered 280 million cubic feet per day of firm service,targeted to commence in November 2021. The Open Season closed on March 15, 2018, and was oversubscribed, with an average awarded contract term of approximately 22 years.
TC Energy invested $29.3 million investment in a renewable natural gas (RNG) production facility , owned by Lynchburg Renewable Fuels LLC, near the Jack Daniel Distillery in Lynchburg, Tenn. The project is being developed by 3 Rivers Energy Partners, LLC, also an owner in Lynchburg Renewable Fuels.