SemCAMS Midstream, Keyera to build Canadian liquids pipeline system.
SemCAMS Midstream announced it has entered into an asset joint venture with Keyera Corp. to construct a natural gas liquids, or NGL, and condensate pipeline system to connect the liquids-rich Montney and Duvernay production areas of northwestern Alberta to the fractionation and condensate hubs in Fort Saskatchewan, Alberta. This pipeline system provides producers additional and alternative transportation solutions to meet growing production and is supported by long-term contracts with significant take-or-pay commitments. SemCAMS Midstream and Keyera will be equal partners on the project, with Keyera acting as operator. SemCAMS Midstream is a joint venture between SemGroup Corporation (SEMG) and KKR (KKR).
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|Date:||May 14, 2019|
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