TransCanada to Manage $5 Billion Prince Rupert Gas Transmission Project

TransCanada Corporation (TSX:TRP, NYSE:TRP) announced that it will  design, build, own and operate the proposed $5 billion Prince Rupert Gas Transmission project.

As quoted in the press release:

This proposed pipeline will transport natural gas primarily from the North Montney gas-producing region near Fort St. John, British Columbia (B.C.) to the recently-announced Pacific Northwest LNG export facility in Port Edward near Prince Rupert, B.C.

TransCanada’s President and CEO, Russ Girling, said:

The proposed Prince Rupert Gas Transmission project will allow British Columbians, and all Canadians, to continue to benefit from the responsible development of the growing supply of valuable natural gas resources in the WCSB.

To view the whole press release, click here.