MNI China Daily Summary: Thursday, February 20

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AMERICAS OIL: Canadian Firms Sign Contracts to Increase Capacity to US: DJ

AMERICAS OIL
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Canadian Firms Sign Contracts to Increase Capacity to US: Dow Jones

  • Canada's Keyera and AltaGas have signed a deal that opens doors to new energy end-markets for Canadian oil.
  • Keyera, a midstream operator, and AltaGas, an energy infrastructure firm, sign a 15-year tolling contract that increases energy export capacity by 12,500 barrels of liquified petroleum gas a day.
  • With the looming threat of US tariffs, which would include a 10% tax on Canadian energy, this deal allows for Keyera to search out new markets for its energy, offering "its customers more diversified market access for LPGs, including premium Asian markets."
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Canadian Firms Sign Contracts to Increase Capacity to US: Dow Jones

  • Canada's Keyera and AltaGas have signed a deal that opens doors to new energy end-markets for Canadian oil.
  • Keyera, a midstream operator, and AltaGas, an energy infrastructure firm, sign a 15-year tolling contract that increases energy export capacity by 12,500 barrels of liquified petroleum gas a day.
  • With the looming threat of US tariffs, which would include a 10% tax on Canadian energy, this deal allows for Keyera to search out new markets for its energy, offering "its customers more diversified market access for LPGs, including premium Asian markets."