Keyera to develop phase two of Wapiti gas plant
08 June 2018
Keyera Corp. (KEY) announced that it is proceeding with phase two of its Wapiti Gas Plant, adding 150 mcf per day of sour gas processing to the Plant, which is currently under construction south of Grande Prairie, Alberta. Based on current plans, construction of this second phase is expected to be completed in mid-2020 at an estimated cost of approximately CAD 150M.
In connection with construction of the second phase of the Plant, Keyera is also expanding the two gathering systems that will deliver volumes to the Plant. Additional compression will be added to both the Wapiti gathering system and the North Wapiti Pipeline System in order to meet the volume commitments of the two primary customers utilizing these systems. The expansion of the Wapiti gathering system is supported by Paramount Resources Ltd.'s initial volume commitment on phase one of the Wapiti Gas Plant, while the expansion on the North Wapiti Pipeline System is supported by incremental volume commitments from Pipestone Oil Corp.