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Assets have access to some of the most prolific shale oil & gas basins and the Joffre assets are near Canadian oil sands operations and integrated into the Alberta Ethane Gathering System. Fitch expects North American ethylene production to remain cost advantaged.
It originates from a large-scale gas plant in Tioga, ND, extending northwest through Saskatchewan and terminating near Empress, Alberta where it connects to the Alberta Ethane Gathering System pipeline.
Veresen is engaged in three principal businesses: a pipeline transportation business comprised of interests in three pipeline systems, the Alliance pipeline, the Ruby Pipeline and the Alberta Ethane Gathering System; a midstream business which includes ownership interests in a world- class natural gas liquids extraction facility near Chicago, the Hythe/Steeprock complex, and other natural gas and NGL processing energy infrastructure; and a power business with a portfolio of assets in Canada and the United States.
The company owns 50% in Alliance Pipeline, 42.7% in Aux Sable Liquid Products, 100% in Alberta Ethane Gathering System as well as interests in some electricity generating capacities.
Alberta Ethane Gathering System is a 1,324 kilometre
NOVA Chemicals also noted that this transaction is not related to ongoing preparations for the sale of its interest in the Alberta Ethane Gathering System (AEGS), which delivers ethane to Joffre for use as a feedstock in ethylene production.
The $240 million project will carry liquid ethane from Hess Corporation's natural gas processing plant near Tioga, ND through Saskatchewan to interconnect with the Alberta ethane gathering system near Empress, AB.
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- Alberta Debate And Speech Association
- Alberta Dental Association
- Alberta Department of Energy
- Alberta Development Officers Association
- Alberta Disaster Assistance Loan Program
- Alberta Disc Sports Association
- Alberta Distance Education Training Association
- Alberta Distance Learning Centre
- Alberta District Council
- Alberta Dog Groomers Association
- Alberta Dressage Association
- Alberta Dual Sport Motorcycle Club
- Alberta Economic Development Authority
- Alberta Electric System Operator
- Alberta Electrical and Communication Utility Code
- Alberta Emerald Foundation
- Alberta Emergency Preparedness Partnership
- Alberta Employment Immigration and Industry
- Alberta Energy and Utilities Board
- Alberta Energy Company
- Alberta Energy Company Ltd
- Alberta Energy Regulator
- Alberta Energy Research Institute
- Alberta Energy Savings LP
- Alberta Energy, Forestry, Lands and Wildlife Library
- Alberta Environment
- Alberta Environment and Parks
- Alberta Environmental Farm Plan
- Alberta Environmental Protection and Enhancement Act
- Alberta Equestrian Vaulting Association
- Alberta Ethane Gathering System
- Alberta Family Employment Tax Credit
- Alberta Family Histories Society
- Alberta Family Practice Research Network
- Alberta Farm Animal Care
- Alberta Farm Fertilizer Information and Recommendation Manager
- Alberta Farm Fuel Benefit
- Alberta Farm Loan Program
- Alberta Farm Writers Association
- Alberta Farmers' Market Association
- Alberta Federal and Intergovernmental Affairs
- Alberta Federation of Labour
- Alberta Federation of Police Associations
- Alberta Federation of Rural Electrification Associations Ltd.
- Alberta Federation of Rural Water Co-Operatives Ltd.
- Alberta Federation of Women United for Families
- Alberta Fencing Association
- Alberta Fire Training School
- Alberta First Nations Telehealth Program
- Alberta First Responders' Radio Communication System
- Alberta Fish & Game Association
- Alberta Fish and Game Association
- Alberta Fitness Leadership Certification Association
- Alberta Flyway Waterfowl Outfitters
- Alberta Food Bank Network Association
- Alberta Forest Biodiversity Monitoring Program
- Alberta Forest Genetic Resources Council
- Alberta Forest Products Association
- Alberta Forest Service
- Alberta Forest Technologists Association
- Alberta Forestry Association