Pembina

Calgary-based Pembina Pipeline Corp. and a subsidiary of Kuwait Petroleum Corp. (KPC) are evaluating the possibility of partnering on a world-scale combined propane dehydrogenation (PDH) and polypropylene upgrading facility in Alberta.

Pembina Pipeline Corp. will acquire 250 MMcf/d of sour gas processing capacity and associated infrastructure in the Montney Shale region of Alberta from Paramount Resources Ltd., and the two companies also agreed to a 20-year midstream services agreement, in a cash and capital commitment deal valued at C$591 million (US$451.7 million).

Calgary-based Pembina Pipeline Corp. has inked agreements for an $85 million expansion of the Vantage pipeline system, which it bought last year.

Calgary-based Pembina Pipeline Corp. reached out Tuesday for an expanded role in the natural gas liquids (NGL) trade between Canada, the United States and overseas markets with a US$1.15 billion package of deals.