Pembina Pipeline Plans New $110 Million Gas Plant - Quick Facts

(RTTNews) - Pembina Pipeline Corp. (PPL.TO, PBA) said Friday it plans to construct, own, and operate a new 100 million cubic feet per day (MMcf/d) shallow cut gas plant (Musreau II) and associated natural gas liquids (NGL) and gas gathering pipelines near its existing Musreau facility (part of the company's Cutbank Complex) in west central Alberta.

Musreau II, which is expected to cost about $110 million, is underpinned by long-term contracts with area producers for 100 percent of the facility's capacity. The facility will be designed to extract propane-plus (C3+) and is expected to yield about 4,200 barrels per day of NGL for transportation on Pembina's Conventional Pipelines.

The company expects that volumes from the Musreau II facility will further support its previously announced Conventional Pipeline expansions. Subject to regulatory and environmental approval, Pembina expects Musreau II to be in-service in the first quarter of 2015.

With the addition of Musreau II, Pembina's gas processing capacity is expected to reach about 1.2 billion cubic feet per day by the end of 2015.