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News Breaks | | | | February 13, 2013 | | 17:31 EDT |  | PBA | Pembina Pipeline to proceed with Peace Pipeline expansion
Pembina Pipeline has reached its contractual threshold to proceed with its previously announced plans to significantly expand its crude oil and condensate throughput capacity on its Peace Pipeline by 55,000 barrels per day. The crude oil and condensate portion of the Peace Pipeline is currently operating at capacity. Pembina is working to complete its previously announced Phase 1 LVP Expansion, which will expand crude oil and condensate capacity on this system by an additional 40,000 bpd to reach 195,000 bpd by October. Pembina expects the total cost of Phase 2 LVP Expansion to be approximately $250m. Pembina anticipates being able to bring the expansion into service by late-2014. | |
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News For PBA From The Last 14 Days Check below for free stories on PBA the last two weeks. |
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| May 17, 2013 | | 11:32 EDT |  | PBA | Pembina Pipeline downgraded to Hold from Buy at Canaccord
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