16:15:34 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Pembina Pipeline Corp
Symbol PPL
Shares Issued 549,396,694
Close 2024-01-29 C$ 46.61
Market Cap C$ 25,607,379,907
Recent Sedar Documents

Globe says Pembina-Haisla project gets boost from Biden

2024-01-30 07:08 ET - In the News

The Globe and Mail reports in its Tuesday edition that the Biden administration's decision to pause approvals for new U.S. projects seeking to export liquefied natural gas has spurred hopes for British Columbia's long-stalled LNG prospects. The Globe's Brent Jang writes that 10 years ago, there were more than 20 proposals in B.C. to export LNG. Today, only Shell's LNG Canada project in Kitimat, B.C., has progressed significantly, and only four other B.C. export projects are in early stages: Cedar LNG in Kitimat; Ksi Lisims LNG on Pearse Island; Woodfibre LNG near Squamish; and FortisBC's planned expansion at its Tilbury LNG site in Delta. Climate activists in Canada praised U.S. President Joe Biden's decision, and urged B.C. Premier David Eby to reject LNG expansion plans in the province. The owners of LNG Canada are considering whether to pursue a proposed expansion. B.C.'s other potential LNG export projects are at various early stages. Cedar LNG is led by the Haisla Nation, with co-owner Pembina Pipeline. They expect to make a final decision by the end of March on their planned floating production facility, which would use hydro electricity to help super cool natural gas into liquid form.

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