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.tanksterminals.com/terminals/03102018/black-swan-and-altagas-complete-transaction/
You might also like
Enterprise Products Partners L.P. has announced that certain of its affiliates have acquired interests in Whitethorn Pipeline Co. LLC and Enterprise EF78 LLC from affiliates of Western Midstream Partners, LP.