B.C. TO TRIM PIPELINE COMMITMENT

The British Columbia government has agreed in principle with two companies to rewrite a deal covering operation of a natural gas pipeline between the Canadian mainland and Vancouver Island. An agreement with pipeline operator Pacific Coast Energy Corp. and Centra Gas British Columbia Inc. will reduce the government's financial exposure on the project by more than $100 million. The undersea pipeline to the island and a distribution network were completed in 1991 at a cost of $500 million,

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home