VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 5, 2012) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) is pleased to announce that it has been selected by Shell Canada Limited (Shell) and its partners to design, build, own and operate the proposed Coastal GasLink proje...

TransCanada Corporation 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).

The North Montney Mainline Project (NMML) is a 42-inch pipeline that delivers natural gas from one of the richest gas plays in Canada to markets across North America. This extension is a critical piece of infrastructure that will provide value to our shareholders for decades to come, but it’s the way the project team delivered it that sets it apart. The project went two million hours without a lost time incident. Learn more.

This is a state-of-the-art project that is going to provide natural gas southern Mexico for the next forty years without causing any disruption to the marine environment,

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