Pembina building $210M pipeline in BC’s Montney formation
The 75,000-barrel-per-day pipeline is expected to be up and running by late 2017.
Oil & Gas
natural gas liquids
Pembina Pipeline Corp.
CALGARY — Pembina Pipeline Corp. is going ahead with a $210-million expansion to its pipeline network that will transport condensates and natural gas liquids out of northeastern BC.
The Calgary-based company has signed binding agreements with customers for the NEBC Expansion project, which will serve producers in the Montney formation.
Pembina vice-president Jason Wiun says there’s been significant exploration in the area and customers are looking for a way to move their liquids production to market.
Natural gas liquids, feedstock for the plastics and petrochemical industries, fetch a better price than dry natural gas.
The project will connect Montney gas via Pembina’s existing infrastructure to the Edmonton area market hub.
Pembina aims to have the 75,000-barrel-per-day pipeline up and running in mid to late 2017.
© 2014 The Canadian Press