14:13:34 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



TC Energy Corp
Symbol TRP
Shares Issued 1,029,473,572
Close 2023-07-17 C$ 50.81
Market Cap C$ 52,307,552,193
Recent Sedar Documents

Globe says TC Energy hears feds not interested in LNG

2023-07-18 09:01 ET - In the News

The Globe and Mail reports in its Tuesday edition that Canada has the planet's second-largest pipeline of LNG projects. The Globe's Tony Keller writes that if all these projects were built, Canada would be exporting three times as much liquid natural gas as last year's largest exporting country, Australia. One project, LNG Canada in Kitimat, B.C., is under construction. Phase 1 is expected to open in 2025, exporting 14 million tonnes of LNG a year. What is the hold up? Part of it is the geography of the Interior of B.C., but a big part of our challenge is Canada's inhospitable political geography. The Trudeau government and B.C.'s NDP government are all kinds of uncomfortable when talk turns to LNG. It is off brand. Ottawa's discomfort was on full display last week at LNG2023, the global industry's largest conference. Who was the government of Canada's keynote speaker? Tourism Minister, Randy Boissonnault. He talked about subsidies for clean technology and clean manufacturing, name-checked critical minerals, and referenced four energy projects in light of indigenous reconciliation. It was like getting up in front of the Canadian Cattle Association and having a lot to say about chicken. And tofu. Lots and lots of tofu.

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