Pembina Pipeline Announces Cardium Midstream Expansion
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Pembina Pipeline Corporation ("Pembina" or the "Company") announced today plans to invest approximately $50 million over the next 18 to 24 months to expand its truck terminal network at key locations throughout western Alberta and British Columbia.
Pembina plans to expand services at a number of existing truck terminals and also construct new full service terminals that focus on emulsion treating (separating oil from impurities to meet shipping quality requirements), produced water handling and water disposal. In addition to earning fees for these additional services, the Company's truck terminals will secure volumes for its pipeline systems, which will generate additional pipeline toll revenue.
"We have been involved in the midstream sector since 2005 and we are excited to expand our…
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