NOVA Chemicals has signed a Memorandum of Understanding with Hess Corporation and Mistral Energy to purchase and transport ethane produced at Hess’ Tioga Gas Plant in North Dakota, USA, via a proposed 700 km pipeline to Alberta, Canada.
The proposed 11 inch diameter Vantage Pipeline would carry ethane from Tioga, northwest through Saskatchewan, Canada, and terminating near Empress, Alberta.
The initial capacity is planned to be approximately 45,000 bbl/d of ethane and will be expandable to 60,000 bbl/d to handle future supply from Williston Basin producers.
NOVA Chemicals will purchase 100 per cent of the ethane produced at the Tioga Gas Plant under a long-term agreement.
The pipeline is expected to be commissioned in the third quarter of 2012, subject to receipt of regulatory and other approvals.
Basket is empty..gif)
