ATCO Ltd is planning to build a 200 km natural gas pipeline along the Yellowhead Highway west of Edmonton to support a major net-zero petrochemical project near the Alberta capital.
The 200 km pipeline will support Dow's CAN$8.9 billion Path2Zero petrochemicals project, ATCO said.
The project, announced by ATCO subsidiary Canadian Utilities Limited, will cost more than CAN$2 billion and is slated to begin supplying natural gas by early 2027.
The pipeline will support Michigan-based Dow Inc.’s CAN$8.9 billion Path2Zero petrochemicals project in Fort Saskatchewan, ATCO’s release said.
Overall, the pipeline will create about 2000 jobs and provide gas supply for more than CAN$20 billion in investment and related employment by customers, it said.
Dow’s Path2Zero project is billed as the world’s first net-zero integrated ethylene cracker and derivatives site.
The pipeline will also add to Alberta’s natural gas network to help support the province’s growing energy needs, ATCO said.
“As Alberta’s energy demand continues to grow, the Yellowhead Mainline will play a crucial role in reinforcing Alberta’s energy infrastructure and enhancing access to reliable energy from one of the cleanest sources of natural gas on the planet,” said Wayne Stensby, chief operating officer at ATCO Energy Systems.
The pipeline will run between Peers, Alta. and northeast Edmonton. Peers is a hamlet along the Yellowhead Highway, almost perfectly halfway between Jasper and Edmonton.
Canadian Utilities and its subsidiary and affiliate companies have about 9000 employees, the company said, along with CAN$23 billion in assets.
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