CALGARY, Nov. 24, 2019 /PRNewswire/ - Pembina Pipeline
Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is
driven by doing what is right for the country and fellow Canadians.
While being understanding of the circumstances of the ongoing rail
strike, the Company took swift action to help avert the
potential hardships of a propane shortage by working together with
our customers to prepare shipments of propane for parts of
Canada, including to the people,
farms and organizations in Quebec,
where supply is constrained. "Delivery of energy is vital to
people's everyday lives and that's why we're in this business.
Working together across provincial boundaries and helping a
province and people in need is how we do business at Pembina and in
Alberta," said Jaret Sprott, Senior Vice President & COO,
Facilities.
At Pembina, we believe the provinces can work together in the
spirit of unity to secure a safe, reliable and long-term supply of
energy from each other, rather than from foreign countries who do
not share Canadian values. Said Mick
Dilger, President and CEO, "the best question is: why would
we not?"
Pembina is preparing unit trains, comprising up to 105 cars,
with propane sourced from Western
Canada, by Canadian producers at Pembina's Redwater, Alberta facility. Pembina's facility
is the only one in Canada capable
of amassing these quantities of propane and building such unit
trains. With decades of experience and an excellent safety record
in loading and unloading high volumes of propane on rail cars,
Pembina is drawing on our expertise and knowledge for the safe
shipment of propane to parts of Canada that need it including Quebec. Pembina will continue working with all
levels of government in the interests of ensuring continuity of
supply to alleviate any hardship.
About Pembina
Calgary-based Pembina Pipeline
Corporation is a leading transportation and midstream service
provider that has been serving North
America's energy industry for 65 years. Pembina owns an
integrated system of pipelines that transport various hydrocarbon
liquids and natural gas products produced primarily in western
Canada. The Company also owns gas
gathering and processing facilities; an oil and natural gas liquids
infrastructure and logistics business; is growing an export
terminals business; and is currently constructing a petrochemical
facility to convert propane into polypropylene. Pembina's
integrated assets and commercial operations along the majority of
the hydrocarbon value chain allow it to offer a full spectrum of
midstream and marketing services to the energy sector. Pembina is
committed to identifying additional opportunities to connect
hydrocarbon production to new demand locations through the
development of infrastructure that would extend Pembina's service
offering even further along the hydrocarbon value chain. These new
developments will contribute to ensuring that hydrocarbons produced
in the Western Canadian Sedimentary Basin and the other basins
where Pembina operates can reach the highest value markets
throughout the world.
Purpose of Pembina:
To be the leader in delivering integrated infrastructure
solutions connecting global markets;
- Customers choose us first for reliable and value-added
services;
- Investors receive sustainable industry-leading total
returns;
- Employees say we are the 'employer of choice' and value
our safe, respectful, collaborative and fair work culture; and
- Communities welcome us and recognize the net positive
impact of our social and environmental commitment.
Pembina is structured into three Divisions: Pipelines Division,
Facilities Division and Marketing & New Ventures Division.
Pembina's common shares trade on the Toronto and New
York stock exchanges under PPL and PBA, respectively. For
more information, visit www.pembina.com.
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SOURCE Pembina Pipeline Corporation