13:11:00 EDT Sat 02 May 2026
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TC Energy Corp
Symbol TRP
Shares Issued 1,039,940,919
Close 2025-07-04 C$ 65.43
Market Cap C$ 68,043,334,330
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Globe says TC Energy hears call for Quebec LNG terminal

2025-07-07 08:47 ET - In the News

The Globe and Mail reports in its Saturday edition that liquefied natural gas could be exported to Europe and beyond from Baie-Comeau, Que., according to a new proposal by a Norwegian company. The Globe's Matthew McClearn writes that known as the Marinvest Energy LNG Export Project, the proposal includes building floating offshore platforms and a liquefaction plant in Baie-Comeau. A pipeline spanning several hundred kilometres would also be required to connect the new facilities to TC Energy's Canadian Mainline, a major pipeline carrying natural gas from Western Canada to Eastern Canada and into the United States. The proponent is a subsidiary of Marinvest Energy AS based in Bergen, Norway. Its chief operating officer, Greg Cano, said in a statement there is a "strong business case" for the project, which would export LNG to Europe. Basic details, including its cost, how it will be financed, who would design and construct it were unavailable. Keith Stewart at Greenpeace Canada said Marinvest Energy is not a major player in that country. "They wouldn't have the money for a project like this," he said. "It looks like what they're trying to do is get government backing for the idea, and then go out and raise the money."

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