Pembina's 2024 Capex to Boost Pipeline, NGL Plant Expansions

December 12, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Pembina Pipeline Corporation (NYSE:PBA) (Calgary, Alberta) announced this week it would invest C$880 million (US$648.2 million) in capital projects in 2024, including about C$100 million (US$73.67 million) worth of projects deferred from 2023.

Industrial Info is tracking about US$6 billion worth of active and planned projects featuring Pembina, including several currently slated to begin construction in 2024, such as major expansions to a natural gas liquids (NGL) fractionation plant and a liquefied petroleum gas (LPG) export terminal, as well as compressor stations to support a major pipeline.

Other companies featured: Enbridge Incorporated (NYSE:ENB)