US firm Plains will not pursue planned NGL pipeline project in Canada

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.

By: Stefan Baumgarten
+1 713 525 2653

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