KAPS Pipeline Asset Joint Venture SemCAMS Midstream and Keyera May 14, 2019
KAPS - Montney Condensate and NGL Pipeline Highly Desirable World-Class Liquids Pipeline Asset joint venture between SemCAMS Midstream & Keyera Provides shippers with additional and alternative solution to move production from field…
KAPS Pipeline Ownership Structure and Funding Capital Rationalization Ownership Structure Pipeline will be jointly and equally owned 50% SemCAMS Midstream & 50% Keyera Structured as an asset joint venture Participation in KAPS…
Another Strategic Step Toward Becoming a More Competitive Integrated Midstream Player Strategic Importance Gas Unlocks another component of the midstream value Processing Sulphur chain necessary to compete long-term Recovery Cash…
KAPS Pipeline: Strategic Demand Drivers OIL SANDS DILUENT DEMAND DRIVES NEED FOR ALBERTA CONDENSATE Upwards of 400 mbbl/d growth of over next 10 years Supply/Demand Gap Forecasted to Widen Cochin Pipeline (Importing US…
KAPS Pipeline: Strategic Supply Drivers CANADIAN NGL PRODUCTION growth by NGL production projected to FORECASTED TO STEADILY INCREASE 75% 2040 grow 75% by 2040 to over 1.7mm bpd Liquid Condensate Condensate production projected to…