RE:RE:RE:RE:RE:RE:RE:Pembina cancelling $4.5B Alberta petrochemical projectHey Raka
Since IPL is now so far along on Heartland, I'd actually prefer that they go it alone from here. Most of the risk is now gone/minimized and after suffering through this, I'd rather collect the full benefit.
Ciao
Sarge
Rakaposhi wrote: SargeX wrote: I It's far better to do tuck-in and add-on smaller projects.
Since PPL is already engaged with a poly partner, it would not be a big stretch with this cancelatiion to see PPL take over IPL and stick the Kuwait petroleum partnership on Heartland. Seriously... do you know of a better overlap possible in an environment where consolidation is going to happen? The Heartland thing is not understood well in Canada. Even the Brits (INEOS) are shipping ethane from the US for their plants in Brittain. Heartland makes a lot of sense but maybe with PPL canceling theirs .... a marriage?