Keyera, AltaGas, and CN Announce $240 Million Rail Terminal Project in Alberta
Keyera, AltaGas and CN partner on new $240M rail terminal project
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Keyera Corp., AltaGas Ltd., and Canadian National Railway Co. have partnered to develop a $240 million rail terminal in Fort Saskatchewan, Alberta. Set to improve loading efficiency and reduce transportation costs, the terminal aims to handle 45,000 barrels per day of propane and butane, with operations expected to begin in mid-2028.
- 01The Alberta Corridor Export Rail Terminal will be built on land owned by Keyera.
- 02The terminal will facilitate the shipment of propane and butane from Fort Saskatchewan to West Coast export facilities.
- 03Long-term commercial arrangements will support the project between Keyera, AltaGas, and CN.
- 04The terminal is designed to enhance loading efficiency and lower transportation costs.
- 05Operations are projected to commence in mid-2028.
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Keyera Corp. (a Canadian energy company), AltaGas Ltd. (a North American energy infrastructure company), and Canadian National Railway Co. (CN) have announced a partnership to construct a new $240 million rail terminal in Fort Saskatchewan, Alberta, Canada. This terminal, known as the Alberta Corridor Export Rail Terminal, is expected to significantly enhance loading efficiency and reduce transportation costs for the shipment of approximately 45,000 barrels per day of propane and butane. The project will be supported by long-term commercial agreements among the three companies. The terminal is anticipated to enter service in mid-2028, marking a significant development in the region's energy transportation infrastructure.
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The new terminal will enhance local energy infrastructure, potentially leading to increased economic activity in Fort Saskatchewan and surrounding areas.
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