TC Energy to Proceed with Coastal GasLink Phase 2 Following LNG Canada Expansion

Key Facts

1TC Energy announced that its Coastal GasLink Phase 2 project will proceed.

2The decision follows a positive final investment decision by LNG Canada and its partners on their expansion project.

TC Energy announced that its Coastal GasLink Phase 2 project will proceed. Reuters reported that the decision follows a positive final investment decision by LNG Canada and its partners regarding their expansion project, which necessitates additional pipeline capacity.

The project is designed to provide the infrastructure required to support increased LNG production in Canada. These developments occur alongside broader energy sector activity, with data from September 22, 2026, showing a 1.786 million barrel increase in US crude oil stocks.