TC Energy Sees Promise in LNG Exports as Key Projects Wind Down

May 2, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--As it nears the finish line on one of its most ambitious pipeline projects, TC Energy (NYSE:TRP) (Calgary, Alberta) expects to spend more steadily in years to come on projects that align with its natural gas-focused portfolio, with cautious movement into the low-carbon and renewable markets. Attention likely will be focused on U.S. export facilities for liquefied natural gas (LNG), for which TC Energy reported record-high deliveries in the first quarter of 2023. Industrial Info is tracking more than US$14 billion worth of projects from TC Energy, more than half of which is attributed to grassroot projects. Executives say TC Energy is "laser-focused" on finishing its massive Coastal GasLink natural gas pipeline, but the company also is at work on a pipeline to supply a major LNG export facility in Louisiana.