TC Pipelines Moving Forward With GTN XPress Project
November 01 2019 - 7:26AM
Dow Jones News
By Chris Wack
TC PipeLines LP (TCP) said Friday its Gas Transmission Northwest
LLC interstate pipeline system will move forward with its GTN
XPress project for $335 million.
The company said the project will provide up to 250,000 Dth/d of
additional firm transportation service on the full path of the GTN
system from Kingsgate, Idaho, to Malin, Oregon.
Also on Friday, TC Energy Corp. (TRP) said its West Path
Delivery Program will connect with the GTN XPress Project to
deliver the volumes to downstream markets.
TC Energy said the West Path Delivery Program is underpinned by
about 258 million cubic feet per day of new firm service contracts
with terms that exceed 30 years, starting between the fourth
quarter of 2022 and the fourth quarter of 2023.
The company said applications for approvals to construct and
operate the facilities are expected to be filed in 2020 and,
pending receipt of regulatory approvals, construction is expected
to start as early as fourth quarter 2021.
GTN XPress is expected to be completed through a multi-phase
construction process by November 2023.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
November 01, 2019 07:11 ET (11:11 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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