Pembina Pipeline Expands, Eyes Bigger Projects
Edmonton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Pembina Pipeline is cautiously advancing expansions in northeast British Columbia and northwest Alberta, approving initial phases of natural gas and liquids pipelines. The companys phased approach, costing $415 million, is designed to meet growing customer demand without rushing the full buildout. This strategy positions Pembina to benefit from larger projects by others, such as Enbridge and Trans Mountain, potentially boosting oilsands output and demand for condensates on Pembinas system. Despite a decrease in fourth quarter earnings, the company is also progressing the Cedar LNG project with the Haisla Nation.
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