TransCanada Confirms Pipeline Contract
TransCanada has announced that it will proceed with the construction of the Coastal Gaslink pipeline project, confirming a C$500mn ($383mn) contract with Italy's Bonatti to build two of the eight sections of the 670-km, 48-inch line.
The October 3 statement followed the previous day's final investment decision to sanction the LNG Canada facility near Kitimat, British Columbia.
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Bonatti subsidiary Pacific Atlantic Pipeline Construction will be directly responsible for hiring a projected 700 workers over the project construction period, with special emphasis placed on hiring locally first, giving priority to qualified local and Indigenous businesses in northern British Columbia.
Once constructed, Coastal GasLink will become a critical component of Canada’s natural gas pipeline infrastructure, connecting the Canadian abundant low-cost natural gas resources to global markets, and one that is particularly important to supplying gas to LNG Canada.