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High utilization continues across our system while advancing Canada's largest LNG solution -- TC Energy Corporation released its second quarter results today. TC Energy's President and Chief Executive Officer, François Poirier commented, “Through the first six months of 2022, we have delivered strong results reflecting the high utilization we continue to see across our entire system. Demand for clean, responsibly sourced natural gas remains high in North America, with energy security also driving incremental growth in the global LNG market.”
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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.
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Personally, and on behalf of TC Energy, I want to congratulate the Blueberry River First Nations on their historic Implementation Agreement with the Province of British Columbia. We celebrate the benefits this agreement will bring to the community for generations to come, and the certainty and stability it will provide to industries like ours.