TransCanada Corp. (NYSE: TRP) on March 14 announced its Cameron Access project has been placed into service in Southwest Louisiana, enhancing the company’s ability to deliver North American-produced natural gas to high-value LNG export markets.
Cameron Access involved improvements to existing pipeline, construction of a new compressor station and the addition of 27 miles of 36-inch diameter greenfield pipeline. Representing an investment of approximately $300 million, the pipeline is capable of transporting 800,000 dekatherms a day to the Cameron LNG export facility. The Cameron LNG export facility is currently under construction and scheduled to go into service at year-end 2019.
“The completion of Cameron Access creates significant value for our customers by providing additional connectivity for their domestically produced natural gas to the high-value U.S. Gulf Coast LNG export market,” said Stanley Chapman III, TransCanada’s executive vice president and president, U.S. Natural Gas Pipelines. “Additionally, LNG export projects such as Cameron Access will help reduce global carbon emissions by allowing emerging markets to displace coal-fired power generation with clean-burning natural gas.”
Throughout the course of the project, TransCanada worked closely with landowners and local officials to ensure they were an important part of the process. Cameron Access was designed and constructed with a core focus on safety and minimizing environmental impact.
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