If the project goes ahead, LNG Canada will lead the project construction, including front-end engineering and design with technical advice from Coastal GasLink. The agreement marks a step forward for LNG Canada’s plan to expand its export terminal in Kitimat, B.C., and will limit the cost liability for the pipeline’s co-owner and operator, TC Energy. (The Logic)

Talking point: The owners of LNG Canada are expected to make a final investment decision this year on the proposed expansion, which was referred to Ottawa’s Major Projects Office for fast-tracked permitting. If the project gets the green light, it will need to expand Coastal GasLink’s pipeline capacity to carry natural gas from northeastern B.C. to the coast where it can be liquefied and exported to Asian markets. Coastal GasLink will still own and operate any current or future pipelines as part of the deal. Natural Resources Minister Tim Hodgson has been touting Canada’s plans to boost energy exports at the CERAWeek conference in Houston this week, as the war in the Middle East puts strain on Asia’s supply of natural gas.