TC Energy Upbeat on North America’s Natural Gas Market
While TC Energy slightly missed analyst estimates of its third-quarter earnings, the Canada-based pipeline operator expects North American natural gas demand to surge in the medium to long term, thanks to soaring U.S. LNG exports and “unprecedented power demand from data centres and coal-to-gas conversions.” TC Energy has 58,100 miles of network of natural gas pipelines, which supplies more than 30% of the natural gas consumed daily across North America’s markets. TC Energy also currently generates approximately…