TransCanada plans $2.4B expansion of natural gas pipeline system

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TransCanada Corp. commands it is going ahead with a $2.4-billion expansion of its NGTL simple gas system in Western Canada.

The company says NGTL (NOVA Gas Transmitting Ltd.) recently completed an open season that was oversubscribed.

TransCanada bring ups shippers have executed binding agreements for one billion cubic feet per day of increase capacity for firm service that will start in November 2020 and April 2021.

The distension program will include approximately 375 kilometres of large diameter pipe, compression facilities, meter stations and other associated facilities.

It look forwards to file a project description with the National Energy Board by the B quarter of this year to start the review process. 

Subject to regulatory approvals, construction is contemplated to begin in 2019.

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