Sept 10 (Reuters) - TC Energy's ( TRP ) C$1 billion

($736.92 million) deal to sell a minority stake in its Canadian

natural gas pipeline system to a consortium of Indigenous

communities has been delayed due to a transaction structuring

issue, the company said on Tuesday.

The Canadian pipeline operator had said earlier this year it

would sell a 5.34% stake in the NGTL system and Foothills assets

in western Canada to an Indigenous-owned investment partnership,

in a move to reduce its debt and finance new investments.

The widely anticipated deal was a key step to achieving

the company's C$3 billion asset sale target for 2024.

The NGTL system, which is about 24,400 kilometers

(15,150 miles) long, connects most of the natural gas production

in western Canada to domestic and export markets.

TC Energy ( TRP ) said on Tuesday it remains focused on a deal

and would provide material updates as they become available.

($1 = 1.3570 Canadian dollars)