Keyera Corp. and Kinder Morgan Energy Partners L.P. announced a 50-50 joint venture to build a crude oil rail loading facility in Edmonton, Alberta called the Alberta Crude Terminal. When complete, the Alberta Crude Terminal will be able to accept crude oil streams handled at Kinder Morgan's Edmonton Terminal for loading and delivery via rail to refineries anywhere in North America.

"We are delighted to partner with Kinder Morgan, one of the premier pipeline transportation and energy storage companies in North America," said David Smith, President and COO of Keyera. "Kinder Morgan's access to multiple crude streams, together with our location and facility capabilities, combines crude oil supply with the necessary infrastructure, land and rail connectivity to help address some of the crude oil delivery constraints currently being experienced by the Alberta energy sector."

Tags: Keyera Corp., Kinder Morgan Energy Partners