Keyera, Shell Canada to Explore Low-Carbon Project Collaboration in Alberta
08 März 2022 - 2:56PM
Dow Jones News
By Adriano Marchese
Keyera Corp. said Tuesday that it has agreed to collaborate with
Shell Canada Ltd. on potential low-carbon projects in the province
of Alberta.
The two companies have signed a memorandum of understanding in
which they would leverage existing assets and adjacent lands
towards a lower-carbon aims and attract new investment
opportunities to the region, Keyera said.
In addition, Keyera would leverage existing pipeline capable of
transporting hydrogen to a hydrogen manufacturing and distribution
network in the region which it said is another opportunity to
decarbonize operations.
"Keyera...and Shell will explore opportunities to build a future
open access gathering and distribution network to transport
captured CO2 from Keyera and other operations in the region to
Shell's proposed Polaris CCS storage hub," the company said.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
March 08, 2022 08:41 ET (13:41 GMT)
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