Jan 23 (Reuters) - AltaGas Ltd ALA.TO
* AltaGas advances its midstream strategy
* AltaGas - Entered non-binding letter of intent with a montney producer to construct a 120 Mmcf/d deep-cut natural gas processing facility
* AltaGas Ltd- Deep-cut processing facility is expected to cost approximately $100 - $110 million
* AltaGas Ltd says rail terminal are expected to cost approximately $60 - $70 million
* AltaGas Ltd- Subject to regulatory approvals, facilities are expected to be on-line in early 2019
* AltaGas Ltd -Non-binding letter of intent to also construct a natural gas liquids separation train
* Under terms of letter of intent, deep-cut processing facility will be jointly owned
* Under terms of letter of intent, NGL separation train and rail terminal will be fully owned by AltaGas Source text for Eikon: ID:nMKWQjxdca Further company coverage: ALA.TO