TransCanada Corp (NYSE:TRP) New Natural Gas Pipeline

By Paul A. Ebeling, Jnr.,

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TransCanada, one of North America's largest energy infrastructure companies, announced Tuesday that it had been selected by Shell Canada and its partners to build and operate a pipeline in western Canada.

The proposed Coastal GasLink project, estimated at US$4-B, will transport Nat Gas from the Montney gas-producing region near Dawson Creek, British Columbia ( BC ), to the LNG Canada liquefied Nat Gas (LGN) export facility near Kitimat, BC, the company said.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: BC

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