15 August 2013 14:04 [Source: ICIS news]
HOUSTON (ICIS)--US midstream energy firm Plains All American Pipeline will not pursue a natural gas liquids (NGL) pipeline project it had been planning to build with a partner in Canada's Alberta province, it said in a regulatory filing late on Wednesday.
A spokesperson for Plains in Houston was not immediately available for comment on Thursday morning.
Plains and midstream energy firm Keyera had been planning a 570-kilometre NGL pipeline system from the Gordondale area of northwestern Alberta to Alberta's NGL energy and petrochemicals hub in Fort Saskatchewan, near Edmonton.
In its filing, Plains said that it "discontinued its joint pursuit with Keyera" of the project. It did not provide reasons for the decision, but it said it would "continue to evaluate opportunities" to participate in expected growth in Alberta's NGL market.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections