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December, 2013 | Northern BC Business
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Pembina Pipeline Corporation to Proceed with $2 Billion Phase III Expansion of its Pipeline System

Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today that it has reached binding commercial agreements to proceed with constructing approximately $2 billion in pipeline expansions (the “Phase III Expansion”). 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 […]

Northern Gateway project likely doomed, despite National Energy Board nod

By Michael Den Tandt So the breathlessly awaited verdict on the Northern Gateway pipeline project is in, at long last. Net effect? Far less than it may seem. Despite the National Energy Board joint review panel’s green-lighting the controversial project, with a whopping 209 conditions, Northern Gateway is running out of time and probably doomed. Within six months the federal cabinet will render its own verdict. By then the interminable lawsuits and protests will be […]

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