Partnership Overview
Gunvor Group has entered into a 10-year firm storage service contract with AltaGas, supporting the expansion of the Dimsdale Gas Storage Facility in Canada. This collaboration marks a significant step in Gunvor's strategy to strengthen its position in the North American natural gas and LNG markets.
Project Details
The expansion project at the Dimsdale Gas Storage Facility involves a capital investment of approximately $65 million. The initiative aims to increase the facility's capacity by 6 billion cubic feet (Bcf) and is scheduled for completion by the end of 2026.
Technical Enhancements
The project will focus on debottlenecking the facility, which includes the installation of a new meter station and dehydration equipment. These upgrades are designed to enhance capacity, improve reliability, and significantly reduce operating costs.
