Pembina announced that it will be expanding the capacity of its Horizon Pipeline (which serves the Canadian Natural Resources Horizon Oil Sands Project) to 250,000 bbl/d of total capacity. Pembina expects to have the expansion on by mid-2016 for a cost of $125 mm; the project involves adding pumping capacity and no new pipeline.
04 Jun 2015
PEMBINA PIPELINE CORPORATION (PPL) INCREASING HORIZON OIL SANDS PIPELINE CAPACITY TO 250 MBBL/D FOR $125 MM
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PEMBINA PIPELINE CORPORATION (PPL) INCREASING HORIZON OIL SANDS PIPELINE CAPACITY TO 250 MBBL/D FOR $125 MM
Pembina Pipeline Corporation (PPL:TSE) | 0 0 0.8% | Mkt Cap: 20,478m
- Published:
04 Jun 2015 -
Author:
Steven I. Paget -
Pages:
2
Pembina announced that it will be expanding the capacity of its Horizon Pipeline (which serves the Canadian Natural Resources Horizon Oil Sands Project) to 250,000 bbl/d of total capacity. Pembina expects to have the expansion on by mid-2016 for a cost of $125 mm; the project involves adding pumping capacity and no new pipeline.