English

Coastal GasLink Phase 2 to proceed following LNG Canada Final Investment Decision

Coastal GasLink Phase

This press release is provided by GlobeNewswire and is published as received. CALGARY, Alberta, Sept.

Official response and confirmed impact

“Coastal GasLink pipeline was a nation-building project that established Canada’s first direct path for natural gas to reach global LNG markets and Phase 2 is building on that legacy.

By nearly doubling the capacity of this world-class infrastructure, we are maximizing the value of this asset, which is underpinned by the Western Canada Sedimentary Basin—one of the most prolific natural gas resource basins on the planet.

Phase 2 will strengthen Canada’s role in supplying reliable, affordable and secure energy to global markets while creating long-term value for Indigenous and local communities, customers and shareholders.” – François Poirier, TC Energy President and Chief Executive Officer An integrated model for delivery CGL Phase 2 will be delivered through an integrated execution model.

Under the commercial agreements announced earlier this year, LNG Canada will lead project construction as Phase 2 Execution Manager, while CGL will remain the owner, operator and permit holder of the pipeline and associated facilities.

Incident background

29, 2026 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) today announced Coastal GasLink (CGL) Phase 2 will proceed following LNG Canada and its joint venture participants’ positive Final Investment Decision (FID) on the expansion of the LNG Canada facility, satisfying the conditions associated with TC Energy’s previously approved conditional FID for the project.

Today, the CGL pipeline safely transports approximately 2.1 Bcf/d of natural gas.

CGL Phase 2 will nearly double the existing capacity by adding new compressor stations and upgrading facilities along the existing 670-kilometre route from Dawson Creek to the LNG Canada liquefaction facility in Kitimat, northern British Columbia.

زر الذهاب إلى الأعلى