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TC Energy to Connect Western Canadian Sedimentary Basin Supply to Market

Gasoil News - Published on Thu, 20 Feb 2020

Image Source: TC Energy
TC Energy Corporation announced that it has approved two new expansion projects totaling USD 1.3 billion on its wholly-owned natural gas pipeline systems. The USD 0.9 billion 2023 NGTL Intra-Basin System Expansion will deliver natural gas from the Western Canadian Sedimentary Basin to markets within Alberta on the NOVA Gas Transmission Ltd System, while the USD 0.3 billion Alberta XPress project will see the expansion of the ANR Pipeline to provide a seamless path for Canadian production to access growing LNG export and other markets along the US Gulf Coast.

The 2023 NGTL Intra-Basin System Expansion is underpinned by approximately 309 million cubic feet per day of new firm service delivery contracts. Customers have executed agreements with 15-year terms, with service commencing in 2023, that will connect WCSB supply to growing Alberta market demand in the power generation, oil sands, petrochemical and utility sectors. The 2023 NGTL Intra-Basin System Expansion will include approximately 119 km of new pipeline in existing rights-of-way and 90 MW of additional compression. Applications for approvals to construct and operate the facilities are expected to be filed with the Canada Energy Regulator in 2020 and, pending receipt of regulatory approvals, construction will commence as early as fourth quarter 2021.

The Alberta XPress project on ANR is underpinned by approximately 160 MMcf/d of new firm service contracts and will include compressor station modifications and additions within the existing ANR footprint, as well as utilize existing capacity on the Great Lakes Gas Transmission and Canadian Mainline systems. Customers have negotiated agreements, which include customary conditions precedent, with weighted average terms of 19 years and service commencing in 2022. Applications for approvals to construct and operate the ANR facilities will be filed with the Federal Energy Regulatory Commission in 2020. Pending receipt of FERC approvals, construction will commence as early as third quarter 2021.

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Posted By : Yogender Pancholi on Thu, 20 Feb 2020
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