TransCanada Corp. plans to spend Canadian $1.5 billion ($1.45
billion) to build a 189-mile large-diameter extension of its
North Montney mainline in British Columbia.
"The ... project will
provide substantial new capacity on the Nova Gas Transmission
Ltd. (NGTL) system in response to the rapidly increasing
development of natural gas resources in northeastern British
Columbia," Karl Johannson, executive vice president and
president, natural gas pipelines, said in a statement.
NGTL is a subsidiary of Calgary, Alberta-based