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TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES LONG-TERM GAS HANDLING AND NGL SUPPLY AND FRACTIONATION AGREEMENTS AT THE BRAZEAU RIVER COMPLEX
TIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES LONG-TERM GAS HANDLING AND NGL SUPPLY AND F...
About this update from Tidewater Midstream & Infrastructure Ltd.
[{"type":"text","content":"\n\n\nTIDEWATER MIDSTREAM AND INFRASTRUCTURE LTD. ANNOUNCES LONG-TERM GAS HANDLING AND NGL SUPPLY AND FRACTIONATION AGREEMENTS AT THE BRAZEAU RIVER COMPLEX\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n\n\n\n\n\nCanada NewsWire\n\n\n(TSX: TWM)\nCALGARY, AB, Jan. 7, 2026 /CNW/ - Tidewater Midstream and Infrastructure Ltd. (\"Tidewater\" or the \"Corporation\") (TSX: TWM) is pleased to announce that it has entered into long-term agreements for gas handling and NGL supply and fractionation (collectively, the \"Agreements\") at the Brazeau River Complex (the \"BRC\").\n\n\n\n\n\n\n\nUnder the Agreements, Tidewater will process up to 75MMcf/d of natural gas (comprised of approximately 65MMcf/d and approximately 10MMcf/d of renewed and newly contracted volumes, respectively) at the BRC sourced from dedicated facilities, and will receive the marketing rights to the ethane, propane and butane derived from such processing, for initial terms of approximately five (5) years (the \"Initial Term\"), which may continue thereafter on an evergreen basis. Tidewater will receive processing fees and NGL handling fees that are in line with current market rates and fixed for the term of the Agreements, subject to annual inflationary increases.\nThe BRC, located in the West Pembina region in central Alberta, offers a full suite of services to producers, including 180 MMcf/d of deep cut natural gas processing capacity, NGL and condensate pipeline connections, approximately 10,000 bbls/d of NGL fractionation capacity, truck loading and offloading facilities, physical natural gas storage facilities, and two natural gas transportation connections.\n \"These are important agreements for Tidewater as they provide significant natural gas volume to the BRC from dedicated facilities on a long-term basis. The BRC processing and fractionation capacity is highly contracted and discussions are ongoing with multiple interested parties to contract the remaining capacity at the BRC\" said Jeremy Baines, Chief Executive Officer of Tidewater.\nABOUT TIDEWATER MIDSTREAM AND INFRASTRUC...