Page 6 - NorthAmOil Week 27 2022
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NorthAmOil                           PIPELINES & TRANSPORT                                       NorthAmOil





















                                         Coastal GasLink follows a 670-km route from Dawson Creek to Kitimat (Image: TC Energy)

       TC Energy says Coastal GasLink




       pipeline is more than 64% complete





                         CALGARY-BASED TC Energy has reported   pipeline along a 670-km route through British
                         that work on the Coastal GasLink pipeline,   Columbia, running from Dawson Creek to
                         which will deliver natural gas to the LNG Can-  Kitimat. The conduit will pump gas from the
                         ada terminal in British Columbia, was approx-  Montney Formation to a gas liquefaction plant
                         imately 64.2% complete as of the end of June,   built by a five-member consortium headed by
                         compared with 62.4% as of the end of May.  Shell (UK). It will be able to handle at least 2.1bn
                           In its latest monthly update on the project, TC   cubic feet (59.47mn cubic metres) per day of gas,
                         Energy said it was continuing to make progress.   though throughput may rise later to as much as
                         “The summer construction season is quickly   5 bcf (141.6 mcm) per day.
                         ramping up, with more than 6,000 women and   The LNG Canada plant will have a produc-
                         men expected to work along Coastal GasLink’s   tion capacity of 14mn tonnes per year (tpy) of
                         project route at its peak,” it stated.  LNG. When finished, it will export most of its
                           The company described the summer as its   output to Asian markets.
                         “most important construction season yet” and   Both Coastal GasLink and LNG Canada
                         said it was mobilising construction crews to   have generated significant amounts of contro-
                         various locations along the route of the pipeline.   versy within British Columbia. This is partly
                         One of the sites that has received special atten-  because of concerns about the environmental
                         tion is Cable Crane Hill, where workers have   impact of the projects, but it also stems from
                         started using a cable crane to transport a section   the fact that the pipeline will pass through the
                         of pipe up a particularly steep hill for the first   traditional lands of several First Nations com-
                         time, it noted.                      munities, including some territories that have
                           TC Energy is building the Coastal GasLink   not been ceded to the Canadian government. ™




                                                     INVESTMENT
       Ovintiv arranges to sell portions



       of its Bakken and Uinta portfolios






                         DENVER-BASED Ovintiv has arranged to sell   statement dated July 6, saying that it expected to
                         portions of its assets in the Bakken and Uinta   close the transaction in the third quarter of the
                         basins to two counterparties for approximately   year. It did not identify the two counterparties
                         $250mn.                              but said that the effective date of the sale would
                           The  company  announced  the  deal  in  a   be April 1.



       P6                                       www. NEWSBASE .com                           Week 27   07•July•2022
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