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Pembina to Build on Demand Growth in 2021 with Pipeline, Export Terminal Expansions

Pembina to Build on Demand Growth in 2021 with Pipeline, Export Terminal Expansions

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Industry Segment: Pipelines | Word Count: 706 Words
Attachment: Pembina capex 1221

SUGAR LAND--December 9, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Pembina Pipeline Corporation (NYSE:PBA) (Calgary, Alberta) on Wednesday pegged its 2022 capital investment program at C$655 million (US$517.8 million), while providing clarification on spending related to its multi-phase, years-long Peace Pipeline Expansion program in Alberta. Pembina expects to see solid production growth in the Montney and Alberta Duvernay shale areas, as well as stronger feedstock demand from "a resurgent Alberta petrochemical industry." Industrial Info is tracking more than US$2.4 billion worth of active projects from Pembina.

Within this article: Details on some of the highest-valued projects from Pembina, including an expansion to its Prince Rupert Terminal on the coast of British Columbia and its Peace Pipeline Expansion project.

Other companies featured: Enbridge Incorporated (NYSE:ENB)

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