TC Energy Touts Record Natural Gas Volumes Across North America, Sees 40 Bcf/d Demand Surge by 2035 - Natural Gas Intelligence

TC Energy Touts Record Natural Gas Volumes Across North America, Sees 40 Bcf/d Demand Surge by 2035

TC Energy Corp. is transporting record volumes of natural gas on its Canada, U.S. and Mexico pipeline systems, and expects demand growth to accelerate over the coming years, according to management.

“Never have I seen such strong prospects for North American natural gas demand growth,” CEO François Poirier said during a call to discuss the Calgary-based midstreamer’s second quarter earnings. “We are seeing natural gas demand reach record highs, and this is expected to grow by nearly 40 Bcf/d by 2035.”

Poirier said, “Based on capacity projects under various stages of development, we have line of sight to five-plus Bcf/d of next wave LNG growth that will feed exports from Canada, the U.S. and Mexico, and we are the only company to have major assets in all three markets.”