CALGARY, June 19, 2018 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) today announced that its wholly owned subsidiary, Keyera Energy Inc., has closed its previously announced acquisition of a logistics and liquids blending terminal located near Tulsa, Oklahoma for a purchase price of US$80 million (subject to adjustments) plus up to US$10 million in additional consideration over five years.
About Keyera
Keyera Corp. (TSX:KEY) operates an integrated Canadian-based midstream business with extensive interconnected assets and depth of expertise in delivering midstream energy solutions. Its predominantly fee-for-service based business consists of natural gas gathering and processing; natural gas liquids processing, transportation, storage, and marketing; iso-octane production and sales; and an industry-leading condensate system in the Edmonton/Fort Saskatchewan area of Alberta. Keyera strives to provide high quality, value-added services to its customers across North America and is committed to conducting its business ethically, safely and in an environmentally and financially responsible manner.