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The Canadian natural gas industry can be broadly divided into the ''upstream'', ''midstream'' and ''downstream'' sectors. The upstream sector involves exploration, development and production of raw gas. Midstream participants own and operate facilities which process and transport natural gas and its by-products to end-use customers. The downstream sector represents the consumers of natural gas, including wholesalers, local distributors and industrial consumers.
Taylor is involved in three areas within the midstream sector: natural gas processing, NGLs extraction and NGLs by-product transportation. Taylor's natural gas processing business processes raw natural gas to meet sales quality specifications. Sales quality natural gas can then be shipped on a natural gas transmission system. Our NGLs extraction business further processes the sales quality natural gas to recover ethane, propane, butane and condensate. Taylor's NGLs transportation business transports NGLs and ethylene to industrial consumers.
In July 2007, Taylor expanded it's energy infrastructure investments to include an interest in an existing seven megawatt hydroelectric generation plant and plans to construct two 100% owned ten megawatt hydroelectric generation plants. |