TC Energy Corp. on Wednesday got a green light from Canadian regulators to advance an expansion of Nova Gas Transmission Ltd. (NGTL), allowing more natural gas supply to be moved from the Montney, Duvernay and Deep Basin formations.
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The explosive growth of the Marcellus and Utica shales in recent years has crowded out natural gas flowing from the Western Canadian Sedimentary Basin (WCSB) toward traditional downstream destinations in markets that include the Midwest and Eastern Canada, but new developments could alter the competitive balance moving forward.
British Columbia (BC) provincial officials have stepped forward to support TransCanada Corp.’s offer to revive Western Canada natural gas sales to Ontario, Quebec and the northeastern United States with a toll cut on its cross-country Mainline.
Bear Head LNG Corp., which is developing a liquefied natural gas (LNG) export terminal in Nova Scotia, is seeking authorization from the U.S. Department of Energy (DOE) to import and then re-export western Canadian natural gas to supply the terminal.