Black Swan and AltaGas complete transaction
Published by Alex Hithersay,
Editorial Assistant
Hydrocarbon Engineering,
Black Swan Energy Ltd. has announced that it has completed the previously announced joint venture arrangement with AltaGas Ltd. whereby AltaGas has acquired 50% ownership in certain existing and future natural gas processing plants of Black Swan.
In addition, AltaGas and Black Swan have entered into a long term agreement for the use by Black Swan of the AltaGas processing capacity on a cost of service basis at the plants, as well as transportation and marketing agreements.
Black Swan will continue to operate the plants.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/03102018/black-swan-and-altagas-complete-transaction/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
VTTI and Höegh Evi launch Zeeland Energy Terminal permitting process
VTTI and Höegh Evi have launched the permitting process for Zeeland Energy Terminal.
