The Canadian Government has approved TransCanada’s CA$1.3 billion (US$970 million) Nova Gas Transmission Ltd (NGTL) System Expansion Project, which will provide additional capacity to meet the needs of natural gas shippers.
The project includes five new pipeline sections, 230 km in total, as well as the construction of two compression facilities.
TransCanada President and CEO Russ Girling said “TransCanada’s natural gas system has played a key role transporting growing natural gas supplies from the Western Canadian Sedimentary Basin (WCSB) to premium markets across North America, providing significant benefits for our customers, consumers, communities, and governments for more than 65 years.
“Expansion of the NGTL System is an important part of TransCanada’s industry-leading CA$25 billion (US$18.7 billion) near-term capital program.”
The project will generate an expected CA$1.2 billion (US$895 million) in Canadian goods and services during construction, including CA$800 million (CA$597 million) on labour.
The NGTL System is part of TransCanada’s CA$48 billion (US$35.8 billion) capital-growth plan, which includes CA$23 billion (US$17.2 billion) towards new natural gas pipelines.
For more information visit the TransCanada website.
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