15:13:25 EDT Thu 02 May 2024
Enter Symbol
or Name
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CA



TC Energy Corp
Symbol TRP
Shares Issued 1,037,487,829
Close 2023-10-19 C$ 47.35
Market Cap C$ 49,125,048,703
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Globe says TC Energy scores indigenous support in B.C.

2023-10-20 08:19 ET - In the News

Also In the News (C-ENB) Enbridge Inc

The Globe and Mail reports in its Friday edition that an indigenous-backed project seeking to export liquefied natural gas has signed a deal to support TC Energy's pipeline plans in Northern British Columbia, leaving Enbridge's competing route in limbo. The Globe's Brent Jang writes that the Nisga'a Nation, Western LNG and a group of natural gas producers called Rockies LNG are partners in their proposed Ksi Lisims LNG project near Gitlaxt'aamiks, which is home to the Nisga'a Lisims government led by elected president Eva Clayton. TC Energy has been hired to work on revised designs for the planned Prince Rupert Gas Transmission (PRGT) pipeline, according to documents filed by Ksi Lisims this week to the B.C. Environmental Assessment Office. The PRGT route was originally intended to stretch nearly 900 kilometres from northeast B.C. to Lelu Island near Prince Rupert, and supply natural gas to Pacific NorthWest LNG. However, Malaysia's state-owned Petronas cancelled the Pacific NorthWest LNG joint venture in 2017. Ksi Lisims said its agreement with TC Energy calls for PRGT "to preserve the regulatory permits, prepare amendments for a potential delivery point to the site and develop work plans for the next phase."

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