UPDATE 1-Canada gas pipeline build to start in 2019, pending LNG plant FID [Reuters]
TC Energy Corporation (TRP)
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Source: Reuters
Canada gas pipeline build to start in 2019, pending LNG plant FID | Reuters 3 Min Read VANCOUVER (Reuters) - Construction on TransCanada Corp’s ( TRP.TO ) C$4.8 billion ($3.8 billion) Coastal GasLink pipeline will start in early 2019, pending a positive final investment decision on the linked LNG Canada project, the head of the pipeline project said on Wednesday. The comments followed a commitment from the chief executive of LNG Canada on Tuesday that the C$40 billion liquefied natural gas export terminal would be under construction in 2018. A final investment decision, or FID, from the project partners is expected this year. “We would be looking at constructing in the early part of 2019,” Coastal Gaslink President Richard Gateman told reporters at an LNG conference. “We could be doing a little bit of field work in the fall (of 2018), if there’s an FID decision.” TransCanada’s 670-km (415-mile) Coastal GasLink pipeline will cross two mountain ranges to connect rich shale fields in A
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