SaskEnergy selling off gas processing plants for $31M

Source: CBC News, September 20, 2018 

Gas processing not Crown’s area of expertise, says spokesperson

SaskEnergy is selling off the remainder of its stake in two gas processing plants for $31 million, saying the work the plants do is not the Crown’s area of expertise.

The sale of the Coleville gas plant and the remainder of the Kisbey gas plant to Alberta-based Steel Reef Infrastructure Corp. is expected to close October 1.

“When we started the Coleville plant in 1959, there really wasn’t a lot of gas processing available in Saskatchewan. Now, there’s gas processing plants everywhere,” said Dave Burdeniuk, director of government and media relations for SaskEnergy. ​

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Image Source: CBC News 

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