TransCanada has received the final permits from the BC Oil and Gas Commission for the Coastal GasLink Pipeline Project in Canada.
The pipeline will be connected to the proposed LNG Canada natural gas liquefaction and export facility near Kitimat, British Columbia.
Estimated to cost about $4.8bn, the project will create about 2,000-2,500 jobs during construction.
TransCanada’s president and CEO Russ Girling said: "This is a significant regulatory milestone for our project, which is a key component of TransCanada's growth plan that includes more than $13bn in proposed natural gas pipeline projects which support the emerging liquefied natural gas industry on the British Columbia Coast."
A final investment decision by LGN Canada and partners is expected in late 2016 and if the project is set to proceed, construction work will begin in 2017.
* Data provided by Timetric's Construction Intelligence Center.