Keyera Corp. said toxic gas got into the pipeline after an “operational upset” at its Simonette gas plant last week.
Wants to increase capacity to 221 million cubic feet per day.
A First Nations partnership will own the remaining 5%.
Keyara Corp.’s Strachan gas plant flared off excess gas when it lost power, but there was no damage.
Deal, expected to close May 1, is worth $113M.
The terminal will load up to 40,000 barrels of crude oil per day.
Company expects re-assembly to begin soon, plant to resume production by mid-July.
Project part of a long-term natural gas gathering and processing agreement between Keyera and NuVista Energy.
Oil and gas company continues its quest to expand infrastructure for handling natural gas liquids.
Acquisition increases Keyera’s iso-octane production by 13,600 barrels a day