US EditionTC CEO Urges Quicker Timelines as Globe Clamours for Stable Energy Supplies
TC Energy's CEO warns that lengthy Canadian permitting delays risk losing global LNG market share amid soaring demand caused by conflict blocking the Strait of Hormuz.
- The CEO of Trans-Canada Pipe Lines Ltd, Poirier, says Canada risks missing out on global LNG opportunities if permitting timelines aren't significantly shortened to meet rising energy demand.
- Demand for West Coast LNG exports has surged since war broke out in Iran three weeks ago, as customers prioritize suppliers that avoid the strategically vital Strait of Hormuz in the Persian Gulf.
- Poirier points to a recent permitting process for a project in Mexico as a benchmark, while federal legislation in Canada aims to cap timelines at two years.
- Marking its 75th anniversary, Trans-Canada Pipe Lines Ltd completed a pipeline in 1958 that took four years from concept to operation, demonstrating historical capacity for rapid execution.
- Canada remains at a disadvantage against other LNG players because lengthy approval processes for new coastal pipelines prevent capturing emerging market opportunities, Poirier argues.
17 Articles
17 Articles
Canada may miss opportunities to secure a secure energy supply to global markets if licensing delays are not significantly shortened, according to the President and CEO of the gas pipeline operator Corporation TC Energy.
TC CEO says Canada needs quicker timelines as globe clamours for stable energy supplies
The CEO of natural gas pipeline operator TC Energy Corp. says Canada risks missing out on opportunities to provide global markets with a secure supply of energy if permitting timelines aren't significantly shortened.
The Toronto Star
TC CEO urges quicker timelines as globe clamours for stable energy supplies
CALGARY - The CEO of natural gas pipeline operator TC Energy Corp. says Canada risks missing out on opportunities to provide global markets with a secure supply of energy if permitting timelines aren't significantly shortened.
TC Energy Could be Open to Return to B.C. LNG Pipeline Project as Global Gas Crunch Threatens - Energy News, Top Headlines, Commentaries, Features & Events
CEO says Iran war has bolstered the outlook for the Ksi Lisims LNG project which will need a pipeline partner By Meghan Potkins Two years after exiting a key pipeline project tied to a proposed new liquefied natural gas terminal on British Columbia’s coast, TC Energy Corp. chief executive François Poirier says the company could ...
TC Energy CEO urges quicker timelines as globe clamours for stable energy supplies – Energeticcity.ca
CALGARY — Canada risks missing out on opportunities to provide global markets with a secure supply of energy if permitting timelines aren’t significantly shortened, said the chief executive of natural gas pipeline operator TC Energy Corp. There’s been heightened demand for more liquefied natural gas exports off the West Coast of North America — especially to Asia — since the U.S. and Israel launched their war on Iran about three weeks ago, Franç…
TC Energy CEO urges quicker timelines as globe clamours for stable energy supplies
CALGARY — Canada risks missing out on opportunities to provide global markets with a secure supply of energy if permitting timelines aren't significantly shortened, said the chief executive of natural gas pipeline operator TC Energy Corp.
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