AltaGas Townsend gas processing expansion gets B.C. regulatory approval

The British Columbia Oil and Gas Commission

AltaGas Townsend gas processing expansion gets B.C. regulatory approval

CALGARY — The British Columbia Oil and Gas Commission has given its approval for AltaGas Ltd. (TSX:ALA) to expand and retrofit its Townsend natural gas processing facility in the province’s northeast.

The Calgary-based company says it will initially cost between $85 million and $95 million to build a second gas processing plant beside one that’s operating at the site.

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