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CN, Keyera mull creation of new energy terminal in Alberta

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Canadian midstream oil and gas operator Keyera and CN are exploring the possibility of creating a clean energy terminal in Alberta, Canada.

The two companies signed a memorandum of understanding to evaluate the endeavor, which they maintain would create infrastructure that could aggregate conventional and clean energy from multiple sources and transport those products.

“This project capitalizes on a core CN strength: sustainably moving Canadian natural resources safely and efficiently to domestic and international markets,” said CN President and CEO Tracy Robinson in a news release. “We are pleased to be working with Keyera on this project, which will benefit Alberta and the Canadian economy.”

The facility could handle six inbound and outbound high-capacity trains daily, according to the companies, and it would be built on adjoining lands belonging to Keyera and CN. Its location is in close proximity to large industrial operations, plus there is also already infrastructure in place to support the terminal, including carbon sequestration facilities.

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