The 75,000-barrel-per-day pipeline is expected to be up and running by late 2017.
Seperate deals total more than $1 billion.
Subject to regulatory and environmental approval, the company expects the new pipeline to be in service in mid-2015.
Long-term agreements underpin new major expansions.
Musreau 2 will produce 100 million cubic feet of gas per day.
Energy producer has secured required contracts to underpin 55,000 barrel per day capacity expansion to its Peace Pipeline.
The agreement creates one of the largest public energy infrastructure companies in Canada, which is valued at $7.9 billion
CALGARY: Pembina Pipeline Corp. will invest $240 million to expand its oil sands and heavy oil business in 2010. Pembina, a wholly owned Calgary-based subsidiary of Pembina Pipeline Income Fund, said $152 million of the capital budget is allocated for…