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RAIL EMPLOYMENT



Rail News Home Intermodal

6/20/2012



Rail News: Intermodal

Keyera Corp. to build Calgary terminal


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Natural gas midstream supplier Keyera Corp. plans to soon launch construction on the Keyera South Cheecham Rail and Truck Terminal, about 50 miles from Fort McMurray, Alberta.

The facility will serve as a multi-purpose hydrocarbon rail and truck terminal, designed to support bitumen producers within the Athabasca oil sands area.

Keyera plans to build the terminal in phases as demand for its services evolves. In addition to the terminal construction, the first phase includes building a dilbit pipeline connection to Enbridge Inc.’s Cheecham terminal.

The $90 million initial phase is expected to open in the first half of 2013.

Keyera already has a customer lined up to serve the terminal when it opens. Under a recently signed four-year contract with Statoil Canada Ltd., Keyera will provide diluent, dilbit and solvent terminaling services. Keyera also will build and operate pipeline connections between the terminal and Statoil, as well as PTT Exploration and Production Public Co.’s Cheecham Terminal, located about seven miles north.

“This investment … will strengthen our position in this region and enhance our ability to provide service to oil sands producers such as Statoil,” said Keyera Chief Executive Officer Jim Bertram in a prepared statement. “



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