Yahoo Finance | EN590 Commodities
EN590 Commodities GroupCrude Oil 2026-06-18T01:58:48.000Z
Keyera Corp. has completed the acquisition of the remaining 50% stake in the KAPS Pipeline from infrastructure investment firm Stonepeak for C$1.215 billion, consolidating ownership of one of Western Canada's most important natural gas liquids transportation systems. The Calgary-based midstream companysaidthe transaction closed immediately upon signing and gives Keyera full ownership and operational control of the pipeline network, which transports condensate and NGLs from the rapidly expanding Montney and Duvernay shale plays to downstream markets. The KAPS system has become increasingly important as producers in the Montney and Duvernay continue to boost liquids-rich natural gas production. Keyera said it has secured more than 120,000 barrels per day of additional commitments across KAPS
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