I'm glad you're so optimistic about those timelines.
As the LNG Canada project enters its third year of construction, the consortium behind it recently noted some key milestones that have been reached.
But while construction of the LNG terminal itself in Kitimat continues apace, the related Coastal GasLink project that will supply it with natural gas is running into both delays and escalating costs.
TC Energy (TSX:TRP), which is responsible for building the pipeline, recently warned that it may suspend construction activity, if it can’t resolve a dispute it is having with LNG Canada over the project’s escalating costs.
“If a resolution is not reached in the near term, Coastal GasLink may be required to suspend certain key construction activities but would continue with work required for safety reasons and compliance with regulatory requirements.”
LNG Canada, TC Energy in a dispute over pipeline’s escalating costs
biv.com