On May 14, 2019 SemCAMS Midstream ULC and Keyera Corp. entered into an asset joint venture to build a natural gas liquids (“NGL”) and condensate pipeline system. This will link northwestern Alberta’s liquid-rich Montney and Duvernay production areas to the fractionation and condensate hubs located in Fort Saskatchewan, Alberta. This pipeline system will increase in production, it will also serve as an additional and alternative transportation solution. This pipeline provides producers additional and alternative transportation solutions to meet growing production and is supported by long-term contracts with significant take-or-pay commitments.
SemCAMS Midstream ULC is a gathering and processing business that provides midstream solutions from the wellhead to the wholesale market place in Western Canada. SemCAMS owns and operates six gas processing plants in Western Canada and is one of Alberta’s largest licensed gas processors.
Keyera Corp. operates an integrated Canadian-based midstream business with extensive interconnected assets and depth of expertise in delivering midstream energy solutions.
Osler, Hoskin & Harcourt LLP advised SemCAMS Midstream ULC with a team consisting of Craig Spurn, Aqeel Virk and Carson Wetter (Energy), Andrea Whyte, Justin Sherman and Courtney Bohn (Corporate), Edward Rowe and Colena Der (Tax), Shawn Denstedt and Mark Graham (Regulatory), Lorne Carson and Allan Morgan (Banking and Finance), Peter Glossop and Jamie Auron (Competition).