Pembina secures deals worth $1B
Posted Sep 3, 2014 7:36 am.
This article is more than 5 years old.
Pembina has inked two pipeline deals worth more than $1-billion.
The company has selected Portland, Oregon for a propane terminal project, expected to export 37,000 barrels per day.
It comes with a price tag of $500-million.
Pembina also announced Tuesday it will be buying a 700 km pipeline system stretching from North Dakota to near Empress, Alberta.
The $650-million deal will also give them an interest in an ethane extraction plant in Saskatchewan.
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