Canadian pipeline operator TC Energy has announced approximately CAD3bn (USD2.1bn) in new in-corridor growth projects, bringing the total value of projects sanctioned in 2026 to around CAD6bn (USD4.2bn) (TC Energy press release, 05/11/2026).
- The newly approved projects include the Crossroads Expansion, which aims to add 14.5 bcm/year of capacity to meet growing electricity demand in the US Midwest, including consumption from data centres. The project carries an estimated investment cost of USD1.8bn.
- The company has also approved the American Midwest project, an expansion of the Northern Border system that will provide an additional 10.3 bcm/year of capacity. The project is expected to cost USD400m, with TC Energy accounting for approximately USD100m of the investment through its proportionate equity contribution.
- Both expansions are expected to enter service in 2030 and are backed by long-term take-or-pay contracts.
In Canada, TC Energy has approved the CAD4.9bn (USD3.5bn) Coastal GasLink Phase 2 Expansion, following a positive final investment decision (FID) by LNG Canada and its joint venture participants. The project will involve the installation of five compressor stations and modifications to existing facilities, increasing firm transportation capacity by approximately 20.7 bcm/year to around 46.5 bcm/year. Construction is scheduled to start in early 2027, with the expanded system expected to become operational in the early 2030s.