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Stock impact report

TC Energy could be open to return to B.C. LNG pipeline project it sold two years ago as global gas crunch threatens [Yahoo! Finance Canada]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
executive François Poirier says the company could be open to getting involved again. Poirier said recent geopolitical tensions in the Middle East have underscored the value of Canadian LNG , bolstering the outlook for the Ksi Lisims LNG project near Prince Rupert, B.C. If it proceeds, he said, the pipeline intended to supply it — the Prince Rupert Gas Transmission line — will require an “experienced operator” to build and run it. “Would we be interested in playing that role if they were to approach us? We might be, but we have not had those conversations, and it would depend on what other opportunities we have at the time,” he said. “There is a need for them to partner with somebody, and my view is that the odds of that project getting permitted are getting better by the day, given the overall tone in the marketplace.” Poirier made the comments in an interview this week as the pipeline company is marking its 75th anniversary at a moment when global energy markets have been roc Show less Read more
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