Mr. Scott Burrows reports
PEMBINA PIPELINE RECEIVES CANADA ENERGY REGULATOR APPROVAL FOR ALLIANCE PIPELINE SETTLEMENT
Pembina Pipeline Corp.'s federal watchdog, the Canada Energy Regulator (CER), has approved the negotiated settlement between Alliance Pipeline Limited Partnership and shippers and interested parties on the Canadian portion of the Alliance Pipeline.
"We are pleased that the CER has approved the settlement between Alliance and the Shipper Committee, resulting in a just and reasonable tolling structure for the next ten years," said Scott Burrows, Pembina's president and chief executive officer. "Pembina looks forward to continuing to deliver exceptional customer service and maximizing the value of this critical and highly differentiated North American energy infrastructure asset."
The full decision is available for viewing on the CER website.
About Alliance Pipeline
The Alliance Pipeline delivers an average of 1.7 billion cubic feet per day of liquids rich gas and consists of an approximately 3,850-kilometre integrated Canadian and U.S. natural gas transmission pipeline, from the WCSB and the Williston basin in North Dakota to natural gas markets in the Chicago area. The Canadian portion of the Alliance Pipeline consists of a 1,561 km natural gas mainline pipeline and related lateral pipelines connected to natural gas receipt locations, primarily at gas processing facilities in northwestern Alberta and northeastern British Columbia. The U.S. portion of the Alliance Pipeline consists of 1,556 km of infrastructure, including the 129 km Tioga lateral in North Dakota.
About Pembina Pipeline Corp.
Pembina is a leading energy transportation and mid-stream service provider that has served North America's energy industry for more than 70 years. Pembina owns an extensive network of strategically located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through its integrated value chain, Pembina seeks to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future, and benefit its customers, investors, employees and communities.
Pembina is structured into three divisions: pipelines division, facilities division, and marketing and new ventures division.
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