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Louisiana’s energy demand is rising faster than almost anywhere in the country, driven by liquified natural gas (LNG) feed gas requirements, accelerating power generation needs and expanding industrial activity.
TC Energy Corporation released its second quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “During the first six months of 2024, we delivered 10 per cent year-over-year growth in comparable EBITDA1 and approximately 35 per cent growth in segmented earnings.”
The Grande Prairie Mainline Loop No. 4 (Valhalla North Section) and Berland River Compressor Station C3 Unit Addition are part of TC Energy’s continued investment in the NGTL System to expand capacity, support system growth and meet growing demand for natural gas in Alberta.
TC Energy is closely monitoring the wildfire situation in Western Canada and associated evacuation alerts/orders. Our priority is always the safety of our workers, their families, local and Indigenous communities and first responders. Our thoughts are with the people impacted by the wildfires.
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.