TransCanada pounces on weakened U.S. natural gas pipelinesFirm stands to open direct link to California if deal goes through Gary Park Petroleum News Calgary Correspondent
TransCanada has carved itself a direct link to the huge California natural gas market by negotiating a US$1.7 billion purchase of U.S. pipelines with combined capacity of 3.6 billion cubic feet per day. If the transaction with a unit of troubled PG&E Corp. is concluded, Canada’s largest gas carrier....
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