July 2018, Vol. 245, No. 7

Projects

Coastal GasLink Pipeline Construction Planned for 2019

A TransCanada official said the company will start building the Coastal GasLink pipeline early next year, pending a positive final investment decision (FID) on the linked LNG Canada project.

 

 

“We would be looking at constructing in the early part of 2019,” Coastal Gaslink President Richard Gateman told Reuters, after the head of LNG Canada said construction of its $31 billion (C$40 billion) LNG export terminal should begin this year.  “We could be doing a little bit of field work in the fall (of 2018), if there’s an FID decision.”

 

LNG Canada is a joint venture among Royal Dutch Shell, PetroChina Co, Mitsubishi and Korea Gas.  An FID is expected from the project partners this year.

 

The $3.75 billion (C$4.8 billion) Coastal GasLink is a 670-km (415-mile) pipeline that would cross two mountain ranges to connect rich shale fields in Alberta and northeast British Columbia with the proposed LNG Canada export terminal on British Columbia’s Northwest Coast.

 

TransCanada, which will own and operate the pipeline, expects to award contracts for the construction to four consortiums within the next two months, Gateman said. Those contractors will be a mix of local and international players with experience building in mountainous terrain, he said.