Coastal GasLink pipeline fully installed: TC Energy

CALGARY — The Coastal GasLink pipeline, one of the largest energy infrastructure projects in recent Canadian history, is physically complete.

The Coastal GasLink pipeline will transport natural gas from western Canada to the Shell-led LNG Canada processing and export facility currently being built in Kitimat — opening up new Asian markets for domestic natural gas drillers. "We have just this incredible Montney reserve, this incredible reserve of natural gas, and now we can finally get some out to our own tidewater."The LNG Canada facility, which will be the first liquefied natural gas export facility in Canada, is still under construction. But the company said in an update in July that the project is 85 per cent complete and on track to start shipping its first cargoes by mid-decade.

Goodman added that tapping into global LNG markets is critical for the future growth of the Canadian natural gas sector, which believes its product can be used as a cleaner-burning alternative to emissions-heavy coal in parts of Asia. TC Energy itself has been under significant scrutiny from investors and credit rating agencies for its heavy debt load as well as for the spiralling costs of Coastal GasLink.

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