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Canada's AltaGas to jointly build natgas processing plant

Published 2017-01-23, 10:01 a/m
© Reuters. Canada's AltaGas to jointly build natgas processing plant
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Jan 23 (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. 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. ($1 = C$1.33)

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