Rising prices and producer demand for delivery service in the gassy Montney Shale of northern Alberta and British Columbia (BC) ignited a “tremendous start” to the year for Pembina Pipeline Corp., management said. 

alliance price graph

The Calgary operator, which reports in Canadian dollars (C$1.00/US 80 cents) said highlights of the first quarter included relaunching construction of the $530 million, 150-kilometer (90 miles) Phase VIII Peace Pipeline Expansion.

The project, which had been deferred, would add capacity to transport 235,000 b/d of Montney natural gas liquids (NGL) by early 2024, said the Calgary firm.

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On the Alliance natural gas pipeline,...