Pembina Pipeline Corp. says its participation in the proposed West Coast oil pipeline fits into the company’s overall strategy ahead of the pipeline’s potential designation as a project of national interest in the fall.
During the second quarter, Pembina entered into a non-binding agreement that would see it take a 10 per cent interest during construction of the proposed West Coast oil pipeline, with the opportunity for an additional up to 10 per cent interest once the project enters commercial operation.
“When I think about the strategy, this fits clearly in the connect bucket. Anything we can do in the basin, whether it’s natural gas, (liquefied petroleum gas),
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