Gas production breaks records, leading to Enbridge $3.6B expansion project

https://tnc.news/2022/11/06/enbridge-expansion/

Energy developments in British Columbia are booming such that on Friday, Enbridge Inc revealed a $3.6 billion expansion to its gas pipeline in the province citing surging demand.

Enbridge is also considering a further $1.9 billion expansion in northern BC at the same time.

The province is now pumping out natural gas at a record rate nearing 18 billion cubic feet a day.

“Given the outlook for Western Canada supply, we are seeing strong customer interest for more egress for LNG exports and downstream access,” Enbridge CEO Al Monaco told stakeholders.

The expansion announced today could add an additional 300 million cubic feet per day capacity to the company’s operations in the province. Gas will be delivered to southern BC and beyond.

Natural gas pipelines are also contributing thousands of jobs to the province’s economy