Canadian Utilities Plans C$2 Billion Alberta Natural Gas Pipeline
05.09.2024 By Tank Terminals - NEWS

May 09, 2024 [Reuters]- Canadian Utilities said on Wednesday it is developing a C$2 billion ($1.46 billion) natural gas pipeline project in Alberta to transport natural gas to a Dow petrochemicals plant and other industrial facilities.

 

The company, majority-owned by ATCO, said the Yellowhead Mainline project would include 200 kilometers (124 miles) of pipeline and related control and compression facilities that will run from Peers, Alberta, to Edmonton.

Development of the pipeline comes as demand for gas grows from Alberta’s industrial expansion and population growth as well as from offshore buyers as Canada’s first liquefied natural gas export terminal comes online next year.

“Both of those stories are very important as we think about the growth of not only Alberta’s economy but Canada’s economy,” ATCO Energy Systems Chief Operating Officer Wayne Stensby said in an interview.

Dow, which will be the pipeline’s biggest user, is spending $6.5 billion on an ethylene cracker and expanded polyethylene capacity at Fort Saskatchewan, Alberta, with some carbon emissions to be captured and sequestered.

The pipeline is subject to Alberta regulatory approval and a final investment decision by Canadian Utilities. Canadian Utilities is not seeking government support, Stensby said.

Construction would begin in 2026 with completion expected by late 2027.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Linde Awarded $10 Million by US DOE
12.04.2024 - NEWS
December 04, 2024 [Tank Storage]- Linde has been awarded $10 million (€9 million) by the US Dep... Read More
Brazil's Ultra Plans $200 Million LPG Terminal with Supergasbras
12.04.2024 - NEWS
December 04, 2024 [XM]- Brazil’s fuel retailer Ultra UGPA3.SA has asked the country’... Read More
Aramco’s Diversification Strategy: Fueling Saudi Arabia’s Vision 2030
12.04.2024 - NEWS
December 04, 2024 [AGSIW]- Saudi Aramco is not only the largest oil producer globally but also th... Read More
Enbridge Raises Quarterly Dividend by 3%, Release Financial Guidance for 2025
12.04.2024 - NEWS
December 04, 2024 [Coast Reporter]- Enbridge Inc. raised its quarterly dividend for next year as ... Read More