Published 27 September 2012
US-based energy infrastructure company, Williams, has entered into a long-term gas processing agreement with an unnamed producer in the Canadian oil sands.
As per the terms of the agreement, Williams will extract the natural gas liquids (NGLs) and olefins recovered from the offgas at the anonymous producer's bitumen upgrade facility located near Fort McMurray, Alberta.
The scope of the agreement also includes transporting, fractionating, owning and marketing the NGLs and olefins.
Williams is expecting 12,000 barrels per day (bpd) of NGLs and olefins to be recovered by mid-2015 while it is anticipated to grow up to 15,000bpd by 2018.
The company will fractionate the NGLs and olefins mixture at its Redwater facilities to produce ethane and ethylene mix, polymer grade propylene, propane, normal butane, an alkylation feed and condensate.
Williams Energy Canada president David Chappell said the company can generate long term incremental value from its operations based on its fractionation, distribution and storage infrastructure.
"The new operations will also further reduce greenhouse gas and sulphur dioxide emissions from the upgraders' oil sands operations, and produce valuable commodities that were previously being burned," Chappell said.
The company has reduced the risk associated with ethane's price by entering a long-term agreement with NOVA chemicals earlier. It will supply up to 17,000 bpd of ethane and ethylene to NOVA.
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