Pembina Pipeline Corporation plans to expand its previously announced Phase III pipeline expansions (the "Phase III Expansion") by constructing a new 16" diameter pipeline from Fox Creek, Alberta into Namao, Alberta and a new 12" diameter pipeline from Wapiti, Alberta into Kakwa, Alberta (the "Wapiti to Kakwa Pipeline").

The 16" diameter pipeline will span approximately 270 kilometres (km) in length and be built in the same right-of-way as the proposed 24" diameter pipeline from Fox Creek to Namao. Pembina expects the two pipelines to initially have a combined capacity of 420,000 barrels per day (bpd) and an ultimate capacity of over 680,000 bpd with the addition of midpoint pump stations. Since December 2013, Pembina has secured an additional 59,000 bpd under contract. With these commitments, total volumes under contract are approximately 289,000 bpd, or 69 percent of the initial combined capacity.

Tags: Pembina Pipeline Corporation