Vote of confidence for B.C. pipelines as TransCanada Corp wins aboriginal support on two LNG … – Financial Post
June 4, 2015
Vote of confidence for B.C. pipelines as TransCanada Corp wins aboriginal support on two LNG projects
The road to starting a liquefied natural gas industry in British Columbia has been long and fraught with U-turns, but TransCanada Corp. says there is room for optimism after it won significant aboriginal support for two massive gas pipelines.
The Calgary-based company has been quietly working on the two proposals, known as Prince Rupert Gas Transmission (PRGT) and Coastal GasLink Pipeline, for about two years to link rich gas fields in northeast B.C. to proposed liquefaction projects on the coast.
The first, a 900-kilometre line that would cost more than $5 billion, would wind through the northern part of the province and feed two to 3.6 billion cubic feet of natural gas a day to the Petronas-led Pacific NorthWest LNG project in Lelu Island near Prince Rupert.
