Midstream | |
Overview | The midstream sector involves the transportation, storage and wholesale marketing of crude oil and finished petroleum products. Pipelines and other methods of transport (rail, trucks, etc.) are used to move the raw materials (natural gas and crude oil, for example) from production sites to processing facilities and to then deliver it to downstream distributors. Calgary is home to many of Canada’s largest midstream organizations and to satellite offices for organizations with foreign ownership. Canadian pipeline industry companies are global leaders in environment, social and governance (ESG) performance. They represent an industry that is committed to incident prevention, environmental protection and socio-economic contributions. In 2020, Canada’s vast network of transmission pipelines extended over 95,000 kilometres, safely delivering more than 4.5 trillion cubic feet of natural gas and 1.3 billion barrels of crude oil. There are also tens of thousands of kilometers of local distribution lines that deliver natural gas to homes. The midstream sector has played a role in evolving some of the following technologies and innovations:
As we move forward, methodologies and technologies to reduce GHG emissions, improve safety and ensure integrity are critical to the midstream sector. The CEPA Foundation represents over 100 companies in the midstream supply chain sector. This year we introduced CRIN to our membership at our annual Spring Meeting. By July, CRIN received project proposal briefs from five Foundation member companies submitted to CRIN’s three project (funding) streams. |
Sector Leader | Rick Tofani, rtofani@cepa.com |