Inter Pipeline Ltd. is a multinational petroleum (oil, natural gas and petrochemical products)transportation and infrastructure limited partnership that is ranked among North America's leading natural gas and NGL's extraction businesses (from its liquids (NGL's) counterpart). It is one of Alberta's top 100 companies in terms of profit (85) and assets (94). In 2010, other Canadian trusts/funds converted to corporation's but Inter Pipeline's board of directors decided against it citing costs, a lack of tax benefits, and the market response to other companies that converted.