Keyera and Plains Solicit Interest in Construction of New Liquids Pipeline System

Keyera and Plains Solicit Interest in Construction of New Liquids Pipeline 
System 
CALGARY, April 10, 2013 /CNW/ - Keyera Corp. (TSX:KEY) (TSX:KEY.DB.A) 
("Keyera") and Plains Midstream Canada ULC, a wholly owned subsidiary of 
Plains All American Pipeline, L.P. (NYSE:PAA) ("Plains"), announced today they 
have entered into an arrangement to solicit interest in the construction of a 
jointly-owned liquids pipeline system in northwest Alberta. The proposed 
pipeline system, to be called the Western Reach Pipeline System, is 
anticipated to run from the Gordondale area of northwestern Alberta to 
Alberta's natural gas liquids ("NGL") energy hub in Fort Saskatchewan. Keyera 
and Plains have begun an open season process seeking non-binding nominations 
for volumes to underpin construction. 
Keyera and Plains anticipate that the Western Reach Pipeline will consist of 
two new-build pipelines, with one dedicated to a mixture of propane, butane 
and condensate ("NGL mix") and the other intended for segregated condensate 
service. The Western Reach Pipeline, expected to be approximately 570 
kilometres in length, will travel through the Deep Basin area of Alberta, 
which contains some of the most prospective liquids-rich geological horizons 
being developed in western Canada today, including the Montney and Duvernay 
zones. 
Keyera and Plains believe that separate dedicated pipelines for NGL mix and 
segregated condensate will benefit customers, avoiding the costs associated 
with pipelines operating in batch mode. Customers on the Western Reach 
Pipeline will have the option to direct their NGL mix and segregated 
condensate to a variety of fractionation, storage, pipeline and terminal 
facilities at the Fort Saskatchewan energy hub. 
The Edmonton/Fort Saskatchewan area is where the majority of Canada's NGLs are 
aggregated for fractionation and subsequent delivery to end-use customers. 
Both Keyera and Plains have significant NGL fractionation, storage, pipeline 
and terminal facilities in the Edmonton/Fort Saskatchewan area. These 
facilities enable customers to access high-value markets for their propane, 
butane and condensate production. Keyera operates the Fort Saskatchewan 
Condensate System, consisting of extensive, interconnected condensate 
pipeline, terminalling and storage facilities that provide customers with 
access, storage and end-market delivery options. Plains operates an extensive 
network of pipelines with connectivity to ship NGLs to Plains' eastern 
infrastructure assets, which include the Sarnia fractionation and storage 
facility, the Windsor and St. Clair storage facilities, and the Eastern 
Delivery Systems. Keyera and Plains are both evaluating expansions of their 
respective NGL fractionation facilities in Fort Saskatchewan to provide 
additional fractionation capacity for the growing volumes of NGLs produced in 
western Canada. 
During the first stage of the open season, interested parties are required to 
complete and execute a confidentiality agreement and non-binding indicative 
nomination form. Deadline for submitting the documents is May 15, 2013. 
Additional details can be found on either the Keyera or the Plains website at 
www.keyera.com or www.plainsmidstream.com. 
Keyera and Plains will each have a 50% ownership interest in the Western Reach 
Pipeline. Plains will be responsible for constructing and operating the 
system. Based on current plans, it is anticipated that the Western Reach 
Pipeline could be operational by late 2015, assuming timely completion of the 
open season and regulatory processes. The capital cost will be determined once 
volumes have been confirmed and the engineering design has been completed. 
About Keyera and Plains 
Keyera Corp. (TSX:KEY) (TSX:KEY.DB.A) operates one of the largest natural gas 
midstream businesses in Canada. Its business consists of natural gas gathering 
and processing as well as the processing, transportation, storage and 
marketing of NGLs, the production of iso-octane and crude oil midstream 
activities. 
Keyera's gas processing plants and associated facilities are strategically 
located in the west central, foothills and deep basin natural gas production 
areas of the Western Canada Sedimentary Basin. Its NGL and crude oil 
infrastructure, including pipelines, terminals and processing and storage 
facilities, as well as its iso-octane facility, are located in Edmonton and 
Fort Saskatchewan, Alberta, a major North American NGL hub. Keyera markets 
propane, butane, condensate and iso-octane to customers in Canada and the 
United States. 
Plains Midstream Canada provides value-added transportation, gathering, 
marketing, processing, fractionation, storage and terminalling services to 
customers by combining strategically located assets with extensive marketing 
and distribution expertise. 
Plains' crude oil assets are located in the key producing regions of Canada. 
With approximately 5,000 kilometres of active gathering and mainline pipeline 
systems, 4.5 million barrels of total storage capacity, and 26 truck 
terminals, Plains' existing infrastructure provides flexibility in meeting 
customers' needs. The operations of their crude oil business are conducted 
throughout Alberta, Saskatchewan and Manitoba, as well as in North Dakota and 
Montana. 
Located throughout Canada and the United States, Plains' NGL and LPG 
facilities include approximately 22 million barrels of useable storage 
capacity, 23 storage facilities, 18 rail terminals, eight fractionation 
facilities, six pipeline terminals, four straddle plants and two gas 
processing plants. Plains' strategically located assets, combined with strong 
marketing presence in the major LPG storage and trading centers, allow them 
the flexibility to provide the energy product solutions that their customers 
require. 
Plains Midstream Canada, ULC is a wholly owned subsidiary of Plains All 
American Pipeline, L.P., a publicly traded Partnership (NYSE:PAA) with a 
market capitalization of over $18 billion. 
Disclaimer 
This document contains forward-looking statements based on Plains' and 
Keyera's current expectations and assumptions relating to the Western Reach 
Pipeline, their businesses, the environment in which they operate and their 
future operations and performance of their assets. As these forward-looking 
statements depend upon future events, actual outcomes may differ materially 
depending on factors such as: negotiation of definitive joint venture 
agreements between Keyera and Plains; producer drilling plans and results in 
the region to be served; negotiation of satisfactory agreements with producers 
or other potential shippers in order to support construction and operation of 
the Western Reach Pipeline; obtaining all necessary approvals and consents for 
the Western Reach Pipeline and all associated facilities; securing appropriate 
rights-of-way for the Western Reach Pipeline; producer interest in the 
services being offered; construction and input costs; construction scheduling 
variables; availability of construction crews and engineering services; 
ability to source required parts and equipment; future operating results of 
the assets; Keyera's and Plains' ability to execute their strategic 
initiatives; weather conditions; commodity supply/demand balances and prices; 
activities of producers, competitors, customers, business partners and others; 
overall economic conditions; access to capital and financing alternatives; 
operational risks associated with natural gas processing and NGL extraction; 
regulatory approvals for future plant expansion opportunities; and potential 
delays or changes in plans with respect to development projects or capital 
expenditures or the results therefrom; the legislative, regulatory and tax 
environment; and other known or unknown factors. There can be no assurance 
that the results or developments anticipated by Keyera or Plains will be 
realized or that they will have the expected consequences for or effects on 
Keyera and Plains. 
Additional Information
For additional information on these and other risk factors, see Keyera's 
public filings on www.sedar.com and PAA's filings with the U.S. Securities and 
Exchange Commission. The information provided in this release is given as of 
the date hereof. 
Investors and Media Keyera Corp. John Cobb, Vice-President, Investor 
Relations, or Julie Puddell, Manager, Investor Relations 
Email:ir@keyera.com; Telephone: 403.205.7670 / Toll Free: 888.699.4853 
Plains All American Pipeline Roy Lamoreaux, Director, Investor Relations 
Email:info@paalp.com; Telephone: 713.646.4222 / Toll Free: 800.564.3036 
SOURCE: Keyera Corp. 
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CO: Keyera Corp.
ST: Alberta
NI: OIL VNT LOAN MNA  
-0- Apr/10/2013 21:45 GMT
 
 
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