TC Energy hits 'significant milestone' with Coastal GasLink to get gas to global markets — via financialpost Oil Gas Energy
TC Energy’s chief executive Francois Poirier announced the pipeline project had reached a “significant milestone” with the signing of a revised agreements with LNG Canada based on a new cost estimate of $11.2-billion — up 70 per cent from $6.6 billion — for the liquified natural gas pipeline.
The Calgary-based pipeline operator also reported its net income attributable to shareholders was $889 million or 90 cents per diluted share in the second quarter, down from $975 million or $1 per share a year earlier.Article contentThe 670-kilometre Coastal GasLink pipeline, which is about 70 per cent complete, according to Poirier, will connect B.C.’s shale gas resources to LNG Canada’s export project in Kitimat.
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TC Energy announces new $11.2-billion cost estimate for Coastal GasLinkThat represents a significant increase from the previous estimate of $6.6 billion. Read more here
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TC Energy announces new $11.2-billion cost estimate for Coastal GasLinkTC Energy hits 'significant milestone' with Coastal GasLink to get gas to global markets — via financialpost Oil Gas Energy
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