TC Energy has approved approximately CA$3 billion ($2.1 billion) in new corridor growth projects, lifting its total 2026 project approvals to about CA$6 billion ($4.3 billion). The spending targets natural gas transmission capacity on both sides of the border, driven largely by growing electricity demand, with data centers singled out as a key source of new load.
In the United States, the largest of the new projects is the $1.8 billion Crossroads Expansion, which will add 1.4 billion cubic feet per day (Bcf/d) of capacity to serve power demand in the U.S. Midwest. TC Energy also sanctioned American Midwest, a $400 million expansion of the Northern Border system that will contribute a further 1 Bcf/d. The company's proportionate equity contribution to American Midwest is roughly $100 million. Both U.S. projects carry an anticipated 2030 in-service date and are supported by long-term take-or-pay contracts.
In Canada, the company approved the CA$4.9 billion ($3.5 billion) Coastal GasLink Phase 2 Expansion, which follows a positive final investment decision by LNG Canada and its joint venture partners. The work adds five compressor stations and modifies existing facilities, raising firm transportation capacity by 2 Bcf/d to roughly 4.5 Bcf/d in total.
Construction on the Canadian phase is slated to begin in early 2027, with service expected in the early 2030s, while the two U.S. expansions are targeted for 2030 in-service. For shippers and industrial users, the approvals mean additional contracted firm capacity on major gas corridors at a time of growing power-sector demand. The take-or-pay structure on the U.S. projects anchors the new capacity with committed customers.
Source: Pipeline Journal