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Construction to begin on $2.9B Alberta natural gas pipeline after regulator approval
ATCO says the project will create about 2,000 construction jobs and add more than 1.1 billion cubic feet of gas capacity.
- On Monday, the Alberta Utilities Commission approved Canadian Utilities Ltd.'s Yellowhead natural gas pipeline project, clearing the way for immediate construction across central Alberta.
- The $2.9-billion infrastructure initiative spans 235 kilometres from Peers to Fort Saskatchewan and represents ATCO's largest-ever energy project designed to deliver over 1.1 billion cubic feet of natural gas daily.
- All major pipeline and compressor contracts have been awarded, positioning the project to create about 2,000 direct construction jobs while delivering capacity equivalent to Alberta's entire electricity system on peak days.
- Chief Operating Officer Jason Sharpe said the pipeline will "help meet Alberta's growing need for safe, reliable and affordable energy," while ATCO emphasized partnerships with contractors, communities and Treaty 6 Nations.
- Canadian Utilities, a subsidiary of ATCO Ltd., trades on the TSX under tickers TSX:CU and TSX:ACO.X, positioning the parent company to expand its energy infrastructure footprint through the approved project.
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13 Articles
13 Articles
TC Energy flips switch on natural gas pipeline, compressor station near Grande Prairie, Edson
The switch has been flipped on the Valhalla North and Berland River pipeline and power projects. The announcement was dwarfed by this week’s news of the looming Yellowhead pipeline. Still, it’s a boost to Alberta’s energy infrastructure. Together, the projects represent a $500 million investment in the NGTL System and natural gas production from the […]
·Edmonton, Canada
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Construction to begin on $2.9B Alberta natural gas pipeline after regulator approval
Construction is poised to begin right away on a new $2.9-billion natural gas pipeline in central Alberta after the provincial power regulator approved the Yellowhead project proposed by Canadian Utilities Ltd.
·Ottawa, Canada
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Coverage Details
Total News Sources13
Leaning Left4Leaning Right2Center5Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 36%
C 46%
R 18%
Factuality
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