facebook
twitter
rss
account
search
search
 

TransCanada tasked with $5 billion pipe

Jan. 14, 2013 at 8:33 AM   |   Comments

CALGARY, Alberta, Jan. 14 (UPI) -- Pipeline company TransCanada said it was tasked with building a $5 billion natural gas transmission system to feed LNG facilities in British Columbia.

The company explained it was selected by Progress Energy Canada Ltd. to design, build, own and operate a proposed $5 billion, 470-mile natural gas pipeline.

"The proposed Prince Rupert gas transmission project will allow British Columbians, and all Canadians, to continue to benefit from the responsible development of the growing supply of valuable natural gas resources," said Russ Girling, TransCanada's president and chief executive officer, in a statement.

The pipeline would transport about 2 billion cubic feet of natural gas per day from fields near Fort St. John, British Columbia, to an expected liquefied natural gas export facility near Prince Rupert, along the provincial coast. The company expects the pipeline to enter into service by the end of 2018, subject to regulatory and corporate approval.

The company added that it was considering an extension to an existing pipeline system that could tie into later networks. That project would cost at least $1 billion and go into service at the end of 2015.

Energy developments in Canada's western coast have sparked concerns from environmentalists and aboriginal communities. Girling explained that his company's experience in the region requires "open and meaningful discussions with aboriginal communities and key stakeholder groups."

Topics: St. John
© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Navy tests MQ-8C unmanned helos Navy tests MQ-8C unmanned helos
2
Europe must drop the euro, Germany abandon mercantilism Europe must drop the euro, Germany abandon mercantilism
3
Harris selected for geospatial data products Harris selected for geospatial data products
4
Sweden plans to replace its Defense and Security Export Agency Sweden plans to replace its Defense and Security Export Agency
5
Throwback Thursday: Facebook launches old-school 'Rooms' app Throwback Thursday: Facebook launches old-school 'Rooms' app
Trending News
Around the Web
x
Feedback