TC Energy Corporation announced today that it has approved two new expansion projects totaling $1.3 billion on its wholly-owned natural gas pipeline systems. The $0.9 billion 2023 NGTL Intra-Basin System Expansion will deliver natural gas from the Western Canadian Sedimentary Basin (WCSB) to markets within Alberta on the NOVA Gas Transmission Ltd. (NGTL) System, while the US$0.3 billion Alberta XPress project will see the expansion of the ANR Pipeline (ANR) to provide a seamless path for Canadian production to access growing LNG export and other markets along the U.S. Gulf Coast.

The North Corridor Expansion Project in northwestern Alberta expanded pipeline capacity for the transportation of natural gas from the Peace River Project Area (PRPA) to growing markets located in northeastern Alberta. The Project included three pipeline components and one compressor station unit addition.

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TC Energy Corporation today announced that its Board of Directors (Board) declared a quarterly dividend of $0.81 per common share for the quarter ending March 31, 2020 on the Company’s outstanding common shares.  The common share dividend is payable on April 30, 2020 to shareholders of record at the close of business on March 31, 2020.