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Pembina Pipeline Corp T.PPL

Alternate Symbol(s):  PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | T.PPL.PR.E | PPLAF | T.PPL.PR.G | PMBPF | T.PPL.PR.I | T.PPL.PR.O | T.PPL.PR.Q | PPLOF | T.PPL.PR.S | PMMBF | T.PPL.PF.A | T.PPL.PF.E | T.PPL.PF.B

Energy Oil & Gas Midstream
Pembina Pipeline Corp is a Canada-based energy transportation and midstream service provider. The Company owns pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. It operates through three segments: Pipelines, Facilities and Marketing & New Ventures. The Pipelines segment provides customers with pipeline transportation, terminalling, and storage in key market hubs in Canada and the United States for crude oil, condensate, natural gas liquids and natural gas. The Facilities segment includes infrastructure that provides Pembina's customers with natural gas, condensate and natural gas liquid (NGL) services. The Marketing & New Ventures segment undertakes value-added commodity marketing activities including buying and selling products, commodity arbitrage, and optimizing storage opportunities.


TSX:PPL - Post by User

Pembina Pipeline Corp > Pembina cancelling $4.5B Alberta petrochemical project
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Comment by ace1mccoyon Dec 15, 2020 5:27pm
453 Views
Post# 32114561

RE:RE:RE:RE:RE:Pembina cancelling $4.5B Alberta petrochemical project

RE:RE:RE:RE:RE:Pembina cancelling $4.5B Alberta petrochemical project
GeorgianBayGuy wrote: To be honest, I am not overly disappointed to see the project be sidelined.  Between the regulatory and tax hurdles in Canada and COVID-19 complications, it was a lot of risk for the company (and its shareholders) to take on.  Hoping they can redeploy this capital in a manner that will have more immediate benefit to shareholders.


To be honest , IPL's same petro-chemical project just down the road a few kilo's , is just in the midst of construction cost over-runs and still without a partner that they are trying to find.
You don't think that Pembina wasn't watching closely the mistakes that IPL is making on that same feedstock project?
As a SH , I'm glad that PPL pulled the pin on that project. 
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