Keyera Energy Inc., has completed the acquisition of a logistics and liquids blending terminal located near Tulsa, Oklahoma, for a purchase price of $80m (subject to adjustments) plus up to $10m in additional consideration over five years.
The terminal receives, blends and delivers diluent, the majority of which is transported by pipeline from the Mont Belvieu area to the Chicago area and ultimately into the Alberta market. The terminal also has exclusive access to a nearby rail-to-truck transloading facility.
Keyera Corp. operates an integrated Canadian-based midstream business with extensive interconnected assets and depth of expertise in delivering midstream energy solutions.
For more information, visit: www.keyera.com
29th June 2018