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VINCI got important contract for Coastal GasLink gas pipeline in Canada

Staff Writer |
TransCanada Corporation has awarded a contract to a joint venture made up of Spiecapag Canada Corp, a VINCI subsidiary and operational leader, and Macro Pipelines Inc. to build two sections of gas pipeline in the province of Vancouver, British Columbia.

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The C$900 million (about €585 million) contract includes the construction of more than 166 kilometres of gas pipeline (sections 5 and 8) as part of the 670 km Coastal GasLink Pipeline.

The contract amount is split, with 60% going to Spiecapag and 40% to Macro Pipelines Inc.

The joint venture will carry out a pre-construction planning phase pending a positive final investment decision by LNG Canada for a proposed natural gas liquefaction facility in Kitimat, British Columbia.

The decision is expected in the fourth quarter of 2018, with construction set to get under way in early 2019.

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