Keyera Corp. has completed its 575-km (357-mile) Key Access Pipeline System (KAPS). KAPS will transport 350,000 b/d of NGL and condensate from the Montney and Duvernay basins to Keyera’s liquids processing and storage hub at Alberta’s Industrial Heartland in Fort Saskatchewan.
“The completion of the KAPS pipeline represents a significant milestone in the expansion of natural gas production in Western Canada,” said Anthony Borreca, senior managing director at Stonepeak Partners LP, 50% owner of the system with operator Keyera. “As natural gas continues to be a key contributor to the global energy mix and energy transition, especially in East Asia, we believe that KAPS has a critical role to play.”
Keyera operates 65,200 b/d of fractionation and a 30,000-b/d de-ethanizer at Fort Saskatchewan where it has a combined 15.5 million bbl of underground cavern and surface tank storage. In addition to shipping separated liquids by pipeline, Keyera operates rail and truck terminals as part of its Industrial Heartland infrastructure.
Stonepeak bought into KAPS earlier this year, acquiring its share from Pembina Pipeline Corp. affiliate Pembina Gas Infrastructure (OGJ Online, Jan. 9, 2023).
