13:08:22 EDT Sat 02 May 2026
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or Name
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CA



TC Energy Corp
Symbol TRP
Shares Issued 1,039,627,272
Close 2025-06-03 C$ 70.36
Market Cap C$ 73,148,174,858
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Globe says TC Energy hears calls for B.C. LNG expansion

2025-06-04 06:51 ET - In the News

The Globe and Mail reports in its Wednesday edition that Petronas Energy Canada's chief executive officer is optimistic about LNG Canada's expansion plans in British Columbia for exporting liquefied natural gas. The Globe's Brent Jang writes that LNG Canada's two largest co-owners are Shell PLC at 40 per cent and Malaysia's state-owned Petronas at 25 per cent. "We want more LNG. We're very, very supportive of advancing LNG off the West Coast," Petronas CEO Mark Fitzgerald told The Globe. "But it has to be competitive ... certainly in terms of cost of supply and infrastructure." Petronas Energy Canada oversees natural-gas assets in the North Montney region of northeast B.C. The first shipment from LNG Canada's terminal in Kitimat, B.C., is slated to set sail to Asia within weeks. LNG Canada's five co-owners are considering phase 2, subject to scrutiny of factors such as federal and provincial emissions caps. "Let's not apologize. Let's take advantage of what our strengths are, without penalizing the industry," Mr. Fitzgerald said. TC Energy's Coastal GasLink pipeline will supply natural gas from northeast B.C. to LNG Canada's $18-billion phase 1 facility. It cost $14.5-billion to construct the 670-kilometre pipeline.

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