Keyera Evaluating Option to Acquire 30% Ownership Position in Norlite Pipeline

Keyera Evaluating Option to Acquire 30% Ownership Position in Norlite Pipeline 
CALGARY, Oct. 30, 2013 /CNW/ - Enbridge Inc. ("Enbridge") today announced it 
is proceeding with development of the Norlite Pipeline system. As part of a 
Memorandum of Understanding between affiliates of Enbridge and Keyera Corp. 
(TSX:KEY) (TSX:KEY.DB.A) ("Keyera"), Keyera has the right to participate in 
the Norlite diluent pipeline as a 30% non-operating owner. A decision whether 
to participate will be made within 30 days. 
As part of the service offering, the Norlite system may access certain 
existing capacity on Keyera's Fort Saskatchewan Condensate System. This 
would allow shippers to access the Enbridge Southern Lights condensate 
pipeline, as well as other sources of diluent available within Keyera's Fort 
Saskatchewan Condensate System, including its condensate storage facility. 
"We are pleased to see the Norlite pipeline moving forward and are evaluating 
our potential involvement in the project", said David Smith, President and 
Chief Operating Officer of Keyera. 
About Keyera 
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 
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. 
This document contains forward-looking statements based on Keyera's current 
expectations and assumptions relating to its business, the environment in 
which it operates, its future operations, the performance of its assets and 
the proposed Norlite pipeline system. As these forward-looking statements 
depend upon future events, actual outcomes may differ materially depending on 
factors such as: satisfactory evaluation of the economics of the proposed 
Norlite pipeline system and negotiation of construction, ownership and 
operating agreement (and other related agreements) with Enbridge; sanctioning 
of the Fort Hills oil sands project; producer development plans and oilsands 
activity levels; the ability of Enbridge to secure all necessary approvals and 
consents for the proposed Norlite pipeline system and all associated 
facilities; the ability of Enbridge to secure appropriate rights-of-way for 
the proposed Norlite pipeline system; 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; the 
ability of Keyera and Enbridge to execute each of their strategic initiatives 
in relation to this project and associated services; 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 pipeline operations, NGL extraction and oilsands activities; 
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 will be 
realized or that it will have the expected consequences for or effects on 
Additional Information
For additional information on these and other risk factors, see Keyera's 
public filings on The information provided in this release is 
given as of the date hereof.

SOURCE  Keyera Corp. 
Investors and Media Keyera Corp. John Cobb, Vice-President, Investor 
Relations, or Julie Puddell, Manager, Investor Relations; Telephone: 403.205.7670 / Toll Free: 888.699.4853 
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CO: Keyera Corp.
ST: Alberta
-0- Oct/31/2013 02:50 GMT
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