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AltaGas to build nat gas processing facility, NGL train, rail terminal in Alberta
HOUSTON, January 23, 2017 (PCW) – AltaGas on Monday it had inked a letter of intent with a Montney Shale producer that would allow it to build a natural gas processing plant, natural gas liquids separation train and rail terminal in Alberta.
The natural gas facility will have a processing capacity of 120,000 Mcf/day, while the NGL separation train’s capacity will be 10,000 b/d. AltaGas already has a Montney processing facility at Gordondale, Alberta.
These new facilities are expected to have access to the CN rail network, allowing for propane to be transported to the company’s proposed Ridley Island propane export terminal.
AltaGas will jointly own the natural gas facility with the Montney producer, but will assume full ownership of the NGL train and rail terminal. The processing facility has an estimated cost of $100-$110 million, while the NGL train and rail terminal is budgeted at $60-$70 million.
AltaGas expected to secure commercial agreements in the first quarter and the facilities have a targeted in-service date in early 2019, subject to the necessary regulatory approvals. -- Samantha Hartke