Molecules for 25% of LNG Exports Flow Thru TC Energy Pipelines

LNG seems to be the word on everyone's lips these days--everyone in the oil and gas space, that is. Two weeks ago TC Energy (formerly TransCanada), a huge midstream/pipeline company, issued its first quarter update and held a conference call with analysts. We're just now learning about some of the chatter coming from that update--very interesting chatter. LNG was a hot topic--flowing more molecules, especially Marcellus/Utica molecules--to LNG export facilities along the Gulf Coast. TC Energy CEO Francois Poirier said during a conference call that roughly one-quarter (25%) of all the molecules that flow to U.S. LNG export facilities get to those facilities by traveling through TC's pipelines.

---

To view this content, log into your member account. (Not a member? Join Today!)