TransCanada will invest $1.5bln in expanding its infrastructure in Canada

(Gavin Young/Postmedia)

(Gavin Young/Postmedia)

In an article reported by MidstreamBusiness magazine and Reuters, TransCanada Corp., Canada’s No. 2 pipeline operator, said on June 14 it would spend about C$2 billion (US$1.5 billion) through 2021 to expand its natural gas gathering pipeline in western Canada; the investment will be used to build new pipeline infrastructure to move natural gas from western Canada to North American markets, the company said.
The announcement comes a day after the Canadian Association of Petroleum Producers (CAPP) called for new pipelines in an annual report. TransCanada’s expansion plan will connect Montney, Duvernay and Deep Basin production to its NOVA Gas Transmission pipeline system in Alberta.
Construction is expected to begin early in 2019 and final projects to be in service by second-quarter 2021, the company said.