More on Energy Transfer

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Texas-based company Energy Transfer (ET) acquired SemGroup Corporation and all its subsidiaries, finalizing the deal at the end of 2019. With the acquisition complete and Energy Transfer LP taking 51 percent ownership, SemGroup ceased its public trading on the New York Stock Exchange as of December 5, 2019. Throughout 2020, Energy Transfer LP and SemCAMS Midstream worked collaboratively on a forward-moving strategy. As a result, rebranding occurred last month of all pipelines, gas plants and facilities owned by SemCAMS Midstream to a new entity named Energy Transfer Canada ULC. The new name, Energy Transfer Canada ULC, is based in Calgary and is a joint venture between Energy Transfer and KKR, a private equity firm.

Over the last three years, Energy Transfer Canada has invested in two new Montney Gas Plants and has made significant investments in the Fox Creek area. Much of the focus was centred around the K3 and KA gas plants to modernize and upgrade the facilities. In 2021, Energy Transfer Canada, with its joint-venture partner Keyera, will begin constructing the KAPS Pipeline through the heart of the Montney and Duvernay fields. The pipeline will provide an alternative transportation solution to deliver production from Alberta's liquid-rich developments to the market.

The Key Access Pipeline System (KAPS) will consist of a 16-inch pipeline for condensate and a 12-inch pipeline for NGL mix (Natural Gas Liquids). The pipeline will collect condensate and other petroleum liquids produced with natural gas in both the Montney and Duvernay fields and carry it to the liquids processing and storage hub at Fort Saskatchewan. According to the Alberta Government’s projects map, the KAPS pipeline comes at an estimated cost of $1.3 billion and will be complete in 2023. It’s proposed to run through Alexander 134, Grande Prairie County and continue south through Greenview County. From there, it will broach into the Yellowhead County and east over to Woodlands County, Lac Ste. Anne County and finally Sturgeon County before hitting its final destination in Fort Saskatchewan.

Vicki Winger, Local Journalism Initiative Reporter, Whitecourt Press