The Calgary-based company said it continues to see strong utilization rates for its pipelines as U.S. producers have increased exports of liquified natural gas amid a global supply crunch.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails.
“Our portfolio remains resilient despite the economic headwinds facing the broader market,” said TC Energy’s chief executive François Poirier in a statement. “Demand for our services across our North American portfolio remains high and we continue to see strong utilization, availability, and overall asset performance.”
The company said it expects total capital expenditures in 2022 will increase to $9.5 billion, up from the prior quarter’s estimate of $8.5 billion, largely due to
I already bought one for Christmas before they sell out.
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