Pembina Pipeline Corp

PPL: XTSE (CAN)
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CAD 64.00BtdyGjyw

Pembina Preps for a Final Investment Decision on Cedar LNG

Business Strategy and Outlook

Pembina offers a fully integrated “store” to its customers, allowing them to retain full economics over the midstream value chain. Its major earlier growth opportunities across LNG (a CAD 4 billion-CAD 5 billion net investment in Jordan Cove LNG and the related Ruby Pipeline repositioning) and petrochemicals (a CAD 4.5 billion venture with Canada Kuwait Petrochemical) were essentially canceled in early 2021, leading to significant write-offs.

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