Gibson Energy Inc. has announced plans to build a new natural gas liquids (NGL) facility near Edmonton, Alberta, with an estimated cost of $1.2 billion. The project, confirmed on April 26, 2026, is expected to create approximately 1,500 construction jobs and 100 permanent positions once operational.
The facility will process propane, butane, and condensate from the Montney and Duvernay shale formations. Gibson Energy stated that the plant will have a capacity of 50,000 barrels per day and is slated to begin operations in 2028.
This investment aims to capitalize on growing global demand for NGLs, particularly from Asian markets. The company emphasized that the project will support Canada's energy sector while adhering to environmental regulations.