Pembina going ahead with Heartland project
Pembina Pipeline Corp. is proceeding with its $570-million Heartland extraction plant project. The facility is set to extract natural gas liquids and is expected to be operational by late 2029. Pembina has also secured a long-term agreement with Dow to supply ethane, increasing the volume compared to previous agreements.
- ▪Pembina Pipeline Corp. is investing $570 million in the Heartland extraction plant project.
- ▪The plant will have a capacity of 750 million cubic feet per day and is expected to start operations in late 2029.
- ▪Pembina has signed a long-term agreement to supply Dow with ethane, increasing the total supply to 57,500 barrels per day.
Opening excerpt (first ~120 words) tap to expand
ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountPembina Pipeline Corp. PPL-T says it’s going ahead with its $570-million Heartland extraction plant project.The 750-million-cubic-feet-per-day straddle plant will extract natural gas liquids under Pembina’s extraction rights on the Yellowhead Pipeline.It is expected to enter service in late 2029.Pembina has also signed a long-term agreement at the Heartland project to supply Dow DOW-N with ethane beginning in late 2029, scaling to 22,500 barrels per day by the end of 2030.In connection with the deal, Pembina and Dow have amended the terms of an earlier deal that will now see Pembina supply 35,000 bpd of ethane commencing with the start up of Dow’s Path2Zero project, which is expected to enter service in 2029.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.