January 23, 2017 / 3:06 PM / a year ago

Canada's AltaGas to jointly build natgas processing plant

(Reuters) - Energy infrastructure company AltaGas Ltd (ALA.TO) said it would jointly build a natural gas processing plant and a natural gas liquids separation train with a privately held producer in the Montney shale play in western Canada.

    AltaGas said on Monday that while the deep-cut processing facility will be jointly owned, the NGL separation train and a rail terminal will be fully owned by AltaGas.

    The plant is expected to cost C$100 million-C$110 million ($75 million-$83 million), while the separation train and rail terminal are expected to cost about $60 million-$70 million.

    Reporting by John Benny in Bengaluru; Editing by Maju Samuel

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below