Midstream - Pipelines
Pembina Announces 2B Pipeline Expansion from BC to Alberta
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Pembina Pipeline Corporation announced today that it has reached binding commercial agreements to proceed with constructing approximately $2 billion in pipeline expansions.
The Phase III Expansion is underpinned by long-term take-or-pay transportation services agreements with 30 customers in Pembina's operating areas and is expected to be in service between late 2016 and mid 2017, subject to environmental and regulatory approvals. The 540 kilometre Phase III Expansion will follow and expand upon certain segments of the Company's existing pipeline systems from Taylor, British Columbia southeast to Edmonton, Alberta to fulfill capacity needs for Pembina's customers, with priority being placed on areas where debottlenecking is essential.
The core of the Phase III Expansion will entail…
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