TransCanada Plans $5.1 Billion Pipeline to LNG Terminal
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TransCanada Corp., builder of the Keystone XL oil pipeline, was selected to construct and operate a C$5 billion ($5.1 billion) natural-gas conduit to Petroliam Nasional Bhd’s planned export terminal in British Columbia.
The Prince Rupert Gas Transmission project has a proposed initial capacity of 2 billion cubic feet a day from the Montney region to the planned liquefied natural gas terminal in Port Edward, British Columbia, TransCanada said today in a statement. The pipeline may begin operation in 2018, subject to government and corporate approvals.