Enbridge to spend $4 billion expanding natural gas pipelines in British Columbia

Date:

Another C$1.9 billion could be spent expanding its T-North line in B.C.

The Alberta midstream company made the announcements along with its third quarter financial report.

After completing what it called an over-subscribed open season for the T-South pipeline, Enbridge said it had sanctioned an expansion that will add 300 million cubic feet per day to its capacity.

“Enbridge’s assets in the ground continue to be in high-demand and will continue to be critical in supporting growing energy demand while providing the world with a safe and secure source of energy,” said Cynthia Hansen, executive vice president and president of Gas Transmission and Midstream at Enbridge.

Should the planned expansion receive the necessary regulatory approvals, the company said the expanded pipeline would be in service sometime in 2028.

Enbridge also announced plans to conduct an open season to determine if there is sufficient shipper demand for…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...