en.Wedoany.com Reported - Keyera Corp. released a business update on June 16, weeks after completing the acquisition of Plains' Canadian natural gas liquids business.

Regarding recent project progress, Keyera noted that its KFS III fractionator's 8 Mb/d bottleneck removal project began production earlier this month. The 8 Mb/d Phase II expansion of the recently acquired Plains Fort Saskatchewan fractionator (renamed KFS North) is expected to be completed by year-end.

Condensate throughput on Keyera's KAPS pipeline system has recently exceeded design capacity. The company stated that it has been increasing pumping capacity to accommodate additional contracted volumes.

Over the long term, Keyera said it is considering building a new natural gas processing plant in the Gold Creek area of Alberta's Montney region, further expanding KAPS capacity (adding pump stations and using drag-reducing agents), and a potential Phase II project at its ACE rail terminal. As a reminder, Keyera announced in May that it would develop the ACE Terminal Phase I project, which is expected to provide 45 Mb/d of unit train rail loading capacity in Fort Saskatchewan by mid-2028 for delivery to AltaGas' export platform in the Prince Rupert area.

At its Empress facilities recently acquired from Plains, one of the five straddle plants will be shut down for several weeks during the third and fourth quarters, and the Empress fractionator will also undergo maintenance. The KFS North fractionator will also be shut down for several weeks in the third quarter, primarily to prepare for bringing the 8 Mb/d bottleneck removal project online.

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