A roundup of news and commentary from NGI’s LNG Insight

  • TC Energy Corp. is again facing “significant cost pressures” for the 2.1 Bcf/d Coastal GasLink pipeline being built to feed Shell plc’s LNG Canada export project in British Columbia.
  • The midstreamer expects further increases in the project’s cost because of labor expenses and shortages, along with contractor underperformance, disputes and drought conditions along the route.
  • It is still targeting year-end 2023 for a completion date. Pipeline construction is currently 80% complete.
  • The company expects to update its capital cost estimate early next year. Construction delays caused by Covid-19, along with protests, have slowed down the project. TC Energy also has fought with LNG Canada over paying the increasing costs. 
  • TC...