NGTL expansion gets green light
TransCanada Corp. is going ahead with a $2.4-billion expansion of its NGTL natural gas system in Western Canada.
According to Canadian Press, the company says NGTL recently completed an open season that was oversubscribed, and TransCanada says shippers have executed binding agreements for one billion cubic feet per day of expansion capacity for firm service that will start in November 2020 and April 2021.
The expansion program will include approximately 375 kilometres of large diameter pipeline, compression facilities, meter stations and other associated facilities.
TransCanada expects to file a project description with the National Energy Board by the second quarter of this year to start the review process, and subject to regulatory approvals, construction is anticipated to begin in 2019.