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Indicatoron May 08, 2016 7:32pm
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Post# 24852548
TRP gets final NatGas pipe permits
TRP gets final NatGas pipe permits"
TransCanada receives permit for gas pipeline. TransCanada (NYSE: TRP) received the last two necessary permits to construct a natural gas pipeline that would connect Alberta gas to Canada’s Pacific Coast, a conduit that would allow gas to be exported abroad. The pipeline network is expected to cost $13 billion, but the company is expected to make a final investment decision by the end of the year. Canada’s proposed LNG export terminals face substantial questions about their economic viability, however, as LNG markets are in a state of oversupply."