TC Energy Corp. management hopes to quickly resolve a dispute over ballooning costs related to the Coastal GasLink pipeline connecting gas supply in Alberta to the huge liquefied natural gas (LNG) project underway in British Columbia (BC). 

In its second quarter earnings report released last week, the Canadian midstream giant said it was in disagreement with the LNG Canada consortium over which company is responsible for increased costs and schedule delays. TC management repeated its previous concerns that project costs are to “increase significantly” from scope changes, permitting delays and impacts from the Covid-19 pandemic. It also anticipates a delay to project completion.

Executive Vice President (EVP) Tracy Robinson said discussions with the Royal Dutch Shell...