Midstream - Pipelines | Capital Markets | Private Equity Activity
Keyera, Plains Initiate Plans for Alberta NGL Pipeline
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Keyera Corp. and Plains Midstream Canada ULC, a wholly owned subsidiary of Plains All American Pipeline L.P., have entered into an arrangement to solicit interest in the construction of a jointly-owned liquids pipeline system in northwest Alberta.
The proposed pipeline system, to be called the Western Reach Pipeline System, is anticipated to run from the Gordondale area of northwestern Alberta to Alberta's natural gas liquids (NGL) energy hub in Fort Saskatchewan. Keyera and Plains have begun an open season process seeking non-binding nominations for volumes to underpin construction.
Keyera and Plains anticipate that the Western Reach Pipeline will consist of two new-build pipelines, with one dedicated to a mixture of propane, butane and condensate (NGL mix) and the other intended for…
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