Coastal GasLink Phase 2 to proceed following LNG Canada Final Investment Decision
A gas pipeline expansion is proceeding, indicating future added capacity for Canadian natural gas to LNG export flows.
Source →The trace
How it reaches your house.
Starting from TC Energy Corporation (NOVA Gas Transmission Ltd.), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Enbridge Gas Inc. →Prices riseNatural gas (lumber kiln drying)
Expanded LNG export capacity should increase demand for Canadian gas and push up procurement costs for this 18% natural-gas input, though partial substitutability limits the hit.
61% confidenceEnbridge Gas Inc. →Prices riseNatural Gas for Yankee Dryer and Steam Generation
LNG Canada Phase 2 would add export capacity and likely tighten western Canadian gas markets, lifting the cost of this 10% natural-gas input with limited substitutability.
57% confidenceTC Energy Corporation (NOVA Gas Transmission Ltd.) →Stands to benefit