Energy infrastructure company AltaGas Ltd said it would jointly build a natural gas processing plant and a natural gas liquids separation train with a privately held producer in the Montney shale play in western Canada.
AltaGas said on Monday that while the deep-cut processing facility will be jointly owned, the NGL separation train and a rail terminal will be fully owned by AltaGas.
The plant is expected to cost $100 million-$110 million, while the separation train and rail terminal are expected to cost about US$60 million-US$70 million.
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