Midstream - Pipelines
Pembina Inks Pipeline Deal with Canadian Statoil Partnership
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Pembina Pipeline Corporation has entered into an Engineering Support Agreement (ESA) for diluent and blended bitumen transportation services associated with enhanced oil recovery developments in northeast Alberta owned by KKD Oil Sands Partnership (KOSP).
KOSP is a partnership between Statoil Canada Ltd., as managing partner, and PTTEP Canada Ltd.
Concurrent with the work under the ESA, Pembina and Statoil will proceed with negotiations to conclude long-term agreements for the construction of and transportation service on a new greenfield pipeline system and associated infrastructure. The Cornerstone Pipeline would transport diluent and blended bitumen between KOSP's upstream developments and the Edmonton area, including diluent connectivity at Pembina's Nexus Terminal (PNT). PNT…
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