TC Energy increased its gas pipelines in Mexico by 833 km
TC Energy Corporation closed 2019 with investments in 2,503 km (1,554 miles) of regulated gas pipelines in Mexico, 833 km more compared to the previous year.
The increase is considerable in its annual comparison, but low compared to the pipeline network that the company operates in the other two countries in North America.
TC Energy Corporation has investments in 40,658 km (25,264 miles) of natural gas pipelines in Canada, primarily regulated by the Canadian Energy Regulator (CER). In addition, the company has an investment in the developing Coastal GasLink pipeline, which is regulated by B.C. Oil and Gas Commission (OGC).
Regarding the United States, its investments include 50,089 km (31,124 miles) of regulated pipelines, 535 Bcf of regulated natural gas and other assets storage facilities, directly owned and through the company’s investment in TC PipeLines, LP.
TC Energy
On May 3, 2019, TransCanada Corporation changed its name to TC Energy Corporation to better reflect the scope of its operations as a leading North American energy infrastructure company.
Overall, TC Energy is a leading North American energy infrastructure company operating in five business segments, Canada Gas Pipelines, United States Gas Pipelines, Mexico Gas Pipelines, Liquid Pipelines, and Energy and Storage, each of which offers different products and services.
Mexico Natural Gas Pipelines
The company also has a Corporate segment, which consists of corporate and administrative functions that provide governance, financing, and other support to the company’s business segments.
The Pipeline segment consists of TC Energy’s investments in 4,946 km (3,075 miles) of crude pipeline systems that connect Alberta and United States crude oil supplies to the United States refining markets in Illinois, Oklahoma and Texas, as well as a liquid marketing business.
Lastly, the Energy and Storage segment consists mainly of the company’s investments in 10 power generation facilities and 118 Bcf from unregulated natural gas storage facilities.
These assets are located in Alberta, Ontario, Quebec and New Brunswick and include investment in the Portlands Energy Center, as well as the Halton Hills and Napanee natural gas power plants.
