Coastal Gaslink

Canadian oil and gas producers, service firms and financers predict a “moderate growth” year in 2024 as new overseas export outlets surface on the Pacific coast of British Columbia (BC), according to ATB Capital Markets Inc. The optimism emerged in a survey held from Sept. 18 to Oct. 2 of 26 producers, 30 oilfield service…

The 215th and final prefabricated piece has voyaged across the Pacific to the first Canadian liquefied natural gas export terminal, LNG Canada, under construction on the northern coast of British Columbia at Kitimat. Fluor Corp., the engineering firm contracted to assemble the C$18 billion ($13.5 billion) operation, reported that the arrival from a Zhuhai manufacturing…

The Alberta and British Columbia (BC) governments have set out to gain formal, international greenhouse gas (GHG) reduction credits for exporting LNG as a replacement for coal and oil in other countries. Alberta Premier Danielle Smith last week told attendees of the International Gas Union’s LNG2023 conference in Vancouver that she has begun talks with…

A year-end completion target can be hit after Coastal GasLink Pipeline Ltd. construction hit the 90% completion mark on its 670-kilometer (400-mile) natural gas pipeline linking Montney Shale production to the Shell plc-led LNG Canada liquefied natural gas export terminal, according to the company. All but 48 kilometers (29 miles) of pipe have been laid…

Supply preparations are accelerating for LNG deliveries overseas from British Columbia (BC) after TC Energy Corp. secured approval for a pipeline connection. With exploration and production support, the Calgary-based midstream giant also has proposed a special export toll for liquefied natural gas. The Canada Energy Regulator (CER) finalized TC’s Willow Valley Interconnect, which would link…

Work has stopped on a stretch of the Coastal GasLink pipeline that would ultimately feed the LNG Canada facility under construction in British Columbia (BC) after provincial regulators discovered erosion and sediment control issues.  The BC Environmental Assessment Office’s (EAO) Compliance and Enforcement Branch issued orders last week to halt work along a 12-mile stretch…

TC Energy Corp. is forecasting a roughly 30% year/year increase in capital expenditures (capex) this year, with the lion’s share allocated for natural gas pipeline expansions in the United States, Canada and Mexico. Calgary-based TC, which reports in Canadian currency (C$1.00/US 75 cents), has set a capital budget of $11.5-12 billion for 2023, up from…

TC Energy Corp. has again revised upward the expected cost of the Coastal GasLink (CGL) natural gas pipeline in Western Canada, citing challenges on multiple fronts. TC now expects the project to cost C$14.5 ($10.9 billion), up from C$11.2 billion ($8.4 billion) forecast in its third quarter 2022 earnings report. “The project continues to face…

TC Energy Corp. has again upwardly revised the expected cost of the Coastal GasLink (CGL) natural gas pipeline in Western Canada, citing challenges on multiple fronts. TC now expects the project to cost C$14.5 ($10.9 billion), up from C$11.2 billion ($8.4 billion) forecasted in its third-quarter 2022 earnings report. “The project continues to face material…