October 31, 2016 / 3:32 PM / in 2 years

Canada approves C$1.3 billion Alberta gas pipeline expansion

CALGARY, Alberta, Oct 31 (Reuters) - The Canadian government said on Monday it will approve a C$1.3 billion ($968.78 million) project to expand a natural gas gathering pipeline in northern Alberta belonging to a wholly owned subsidiary of TransCanada Corp, with 36 conditions attached.

The NOVA Gas Transmission Ltd (NGTL) expansion project will create up to 3,000 jobs during construction and involve building and operating new gas pipelines facilities, the government’s Natural Resources Canada said in a statement.

TransCanada was not immediately available for comment.

The current NGTL System is a 23,500-km (14,600-mile) pipeline gathers natural gas for use in Alberta for delivery to provincial border points for export to North American markets, according to TransCanada’s website.

The system is one of the largest in North America and gathers 66 per cent of the natural gas produced in western Canada. ($1 = 1.3419 Canadian dollars) (Reporting by Nia Williams; Editing by Jeffrey Benkoe)

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