OCTOBER 23, 2025 / STRATHCONA COUNTY, AB – Keyera Corp.’s proposed Josephburg Condensate Fractionation Project, to be built just east of Fort Saskatchewan in Alberta’s Industrial Heartland, has cleared the federal assessment requirement. The facility will process incoming condensate into light and mid‑weight condensates, LPG, and other hydrocarbon products, and the Impact Assessment Agency of Canada (IAAC) has determined that potential federal‑jurisdiction impacts are limited or can be managed through existing regulations, meaning no full federal impact assessment is required.
The project will handle about 15,900 m³ of condensate per day and include a distillation area, water‑treatment units, storage tanks, stormwater pond, flare, and access roads. The process will not make use of chemical processes like those found in a refinery; rather, the various products will be processed as fractions using heat. Therefore, while the Josephburg Project has been designated by IAAC as a refinery, the facility design is more similar to that of a fractionation facility, the company explains in its initial project description.
Once operational, the facility will contribute to Alberta’s hydrocarbon processing capacity while leveraging established industrial infrastructure. The Josephburg Condensate Fractionation Project highlights Keyera’s expanding role in Alberta’s Industrial Heartland, supporting responsible development of hydrocarbon resources while strengthening the region’s industrial and economic capacity.
IAAC’s early decision followed a 48-day review that engaged federal experts, other jurisdictions, stakeholders, Indigenous Peoples, and the public. The agency concluded that existing laws such as the Fisheries Act, Migratory Birds Convention Act, 1994, Species at Risk Act, along with Alberta’s Environmental Protection and Enhancement Act, Water Act, Public Lands Act, and Wildlife Act, provide sufficient oversight to address potential impacts.
Read the IAAC news release here.
About Alberta’s Industrial Heartland
Alberta’s Industrial Heartland is Canada’s largest hydrocarbon processing region and most advanced carbon sequestration hub. With $50 billion in existing capital investment and more than 40 companies, AIH provides fuels, fertilizers, power, petrochemicals, hydrogen, and more to consumers around the world. Explore the people, partnerships, and potential behind Alberta’s Industrial Heartland.