Keyera acquires U.S. liquids terminals business

Keyera Corp.’s wholly owned subsidiary, Keyera Energy Inc., has recently closed the acquisition of a logistics and liquids blending terminal near Tulsa, Oklahoma, for a purchase price of $80 million (subject to adjustments) plus up to $10 million in additional consideration over five years.

The terminal receives, blends and delivers diluent, the majority of which is transported by pipeline from the Mont Belvieu, Texas, area to the Chicago area and ultimately into the Alberta market. The terminal also has exclusive access to a nearby rail-to-truck transloading facility.

For more information, visit www.keyera.com or call (888) 699-4853.

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