Transcanada Corp. (NYSE: TRP) has secured shippers’ commitment for a pipeline associated with Malaysian state-owned oil company Petronas’ pending Pacific NorthWest LNG terminal in western Canada and will seek early construction, the company said March 20.Government construction approval will allow the company to start building most of the North Montney Mainline before Petronas decides whether to commit to the project, TransCanada said in a statement.Asked March 20 whether Petronas has given any assurances on commitment, TransCanada said North Montney is independent of Pacific NorthWest and “should not be interpreted as changing any aspect of the decision process.”
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