The Globe and Mail reports in its Saturday edition that Pembina Pipeline says its participation in the proposed West Coast oil pipeline fits into its overall strategy ahead of the pipeline's potential designation as a project of national interest in the fall. A Canadian Press dispatch to The Globe reports that during the second quarter, Pembina entered into a non-binding agreement that would see it take a 10-per-cent interest during construction of the proposed West Coast oil pipeline, with the opportunity for an additional up to 10-per-cent interest once the project enters commercial operation. "When I think about the strategy, this fits clearly in the connect bucket. Anything we can do in the basin, whether it's natural gas, [liquefied petroleum gas], crude oil, to increase the production and the netback for our customers has that knock-on effect throughout the business," Pembina chief executive officer Scott Burrows said on the company's second quarter earnings call. "From a core strategic perspective, it fits directly in what we're talking about." Pembina said it has full discretion over any final investment decision for its interest in the project and has protections related to cost overruns and returns.