Follow Us! Like Our Page!

Coastal GasLink draws investment interest from Abu Dhabi – Pipeline News North

October 9, 2019

The Coastal GasLink pipeline is drawing interest from an investment firm in the United Arab Emirates.

Abu Dhabi-based Mubadala Investment Co. is just one potential investor interested in the pipeline, according to a report from Bloomberg.

TC Energy Corp., formerly TransCanada, said earlier this year it would sell as much as a 75% stake in the 670-kilometre natural gas pipeline from Northeast B.C. to the LNG Canada projKitimat.

Mubadala declined comment, while TC Energy told Bloomberg it does not comment on “market rumours.”

Read More: https://www.pipelinenewsnorth.ca/coastal-gaslink-draws-investment-interest-from-abu-dhabi-1.23971786

NationTalk Partners & Sponsors Learn More