LNG Canada will manage design and construction to double Coastal GasLink pipeline capacity, shifting cost risks and supporting a final investment decision expected by year-end 2026.
TC Energy and LNG Canada have signed commercial agreements for TC Energy's Coastal GasLink pipeline project to advance its second phase.
The agreements create a framework for LNG Canada to take a lead role on the potential expansion of the Coastal GasLink pipeline across northern British Columbia.
The pipeline expansion plan aims to double transmission of natural gas through the existing pipeline and strengthen Canada's role as a supplier to global LNG markets.
The companies responsible for the Coastal GasLink pipeline and the immense LNG Canada plant in Kitimat, British Columbia, have signed agreements that bring their second phases closer together.