The corporate logo of Pembina Pipeline Corp. (TSX:PPL) is shown. THE CANADIAN PRESS/HO

The corporate logo of Pembina Pipeline Corp. (TSX:PPL) is shown. THE CANADIAN PRESS/HO

Pembina plans $785M in capital spending for 2021, restarts work on two key projects

CALGARY — Pembina Pipeline Corp. is planning $785 million in capital spending next year as it moves to restart work on two key projects.

The company said Monday it will resume construction of the next phase of its Peace Pipeline expansion and go ahead with the restart of its Empress co-generation facility.

The pipeline expansion includes a new pipeline and associated infrastructure in the LaGlace-Valleyview-Fox Creek corridor in Alberta.

Pembina said the initial capacity has been reduced to 160,000 barrels per day from 240,000, however the capital cost estimate has also been revised lower, by approximately $175 million, to $775 million.

The Empress co-generation facility will use natural gas to generate up to 45 megawatts of electrical power. The project is expected to cost $120 million.

Pembina also said it is suspending work on its $4.9-billion joint venture project with Kuwait’s Petrochemical Industries Co. on an integrated propane dehydration plant and polypropylene upgrading facility.

The company said it will take a material impairment on its investment in Canada Kuwait Petrochemical Limited Partnership in its fourth quarter.

Pembina has a 50 per cent interest in the joint venture project near Edmonton designed to turn propane into plastic pellets.

Just Posted

Mayor Rick Bonnett. (Screenshot)
WATCH: Ponoka council calls on gov’t to support rural small businesses

Ponoka council is calling on the provincial government to increase funding to… Continue reading

Pumpjacks draw oil out of the ground near Olds, Alta., Thursday, July 16, 2020. A new report suggests the economic impact of the pandemic led to a massive increase in federal aid to Canada's oil patch. THE CANADIAN PRESS/Jeff McIntosh
Alberta economy ‘still reeling,’ says ATB Financial

Alberta’s economy is still feeling the impact of the COVID-19 pandemic and… Continue reading

Ella Stoner, five, is ready to cut off her hair and donate it to A Child’s Voice Foundation. (Photo by Lauren Stoner Photography)
Central Alberta girl to donate her ‘princess hair’ to A Child’s Voice Foundation

A five-year-old girl from Rimbey has never had a haircut before. Now,… Continue reading

Asymptomatic testing will now be available for "priority groups" who are most likely to spread the COVID-19 virus to vulnerable or at-risk populations. File photo by THE CANADIAN PRESS
Alberta adds 1,195 new COVID-19 cases Saturday

Red Deer has dropped to 760 active cases

The Minnesota Wild celebrate their overtime victory over the Vegas Golden Knights in Game 1 of a first-round NHL hockey playoff series Sunday, May 16, 2021, in Las Vegas. (AP Photo/David Becker)
Eriksson Ek’s OT goal lifts Wild past Vegas 1-0

LAS VEGAS (AP) — Joel Eriksson Ek’s goal at 3:20 of overtime… Continue reading

Toronto Blue Jays' Lourdes Gurriel Jr., celebrates after hitting a double against the Philadelphia Phillies during the third inning of a baseball game Sunday, May 16, 2021, in Dunedin, Fla. (AP Photo/Mike Carlson)
Girardi, Segura have confrontation as Phils lose to Jays

Blue Jays 10 Phillies 8 DUNEDIN, Fla. (AP) — The injury-depleted Philadelphia… Continue reading

New York Islanders' Kyle Palmieri (21) returns to the bench after scoring during the first period in Game 1 of an NHL hockey Stanley Cup first-round playoff series against the Pittsburgh Penguins in Pittsburgh, Sunday, May 16, 2021. (AP Photo/Gene J. Puskar)
Palmieri’s OT winner lifts Isles by Penguins 4-3 in Game 1

PITTSBURGH (AP) — The New York Islanders brought Kyle Palmieri home at… Continue reading

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks during a Senate Health, Education, Labor, and Pensions hearing to examine an update from Federal officials on efforts to combat COVID-19, Tuesday, May 11, 2021 on Capitol Hill in Washington. (Jim Lo Scalzo/Pool via AP)
Fauci says pandemic exposed ‘undeniable effects of racism’

ATLANTA (AP) — The immunologist who leads the COVID-19 response in the… Continue reading

Maj.-Gen. Dany Fortin, vice-president of logistics and operations at the Public Health Agency of Canada, participates in a news conference on the COVID-19 pandemic in Ottawa, on Friday, Jan. 15, 2021. THE CANADIAN PRESS/Justin Tang
Feds face growing calls for answers after general overseeing vaccine effort sidelined

OTTAWA — The federal Liberal government is facing growing calls for answers… Continue reading

Conservative MP Ron Liepert rises during Question Period on Parliament Hill, Friday, March 10, 2017 in Ottawa. Ron Liepert says these days, the phone calls and emails from people wanting to talk about his party's climate plan have slowed. THE CANADIAN PRESS/Justin Tang
Alberta MP pitches Conservative carbon price with a 24-pack of Pilsner

OTTAWA — Ron Liepert says these days, the phone calls and emails… Continue reading

A sign marks Stairs Place in the Hydrostone district in the North end of Halifax on Thursday, May 13, 2021. The street was named for William Grant Stairs, a Canadian explorer from Halifax who helped lead some of the most controversial expeditions through the African continent. THE CANADIAN PRESS/Andrew Vaughan
Where the streets have explorers’ names, some Halifax residents call for change

HALIFAX — When builders created Halifax’s distinctive Hydrostone neighbourhood more than a… Continue reading

Riley Oldford, 16, suffers from cerebral palsy. He was the first youth in the Northwest Territories to get a COVID-19 vaccine. Here he receives the needle from nurse practitioner Janie Neudorf in Yellowknife on Thursday May 6, 2021. THE CANADIAN PRESS/Bill Braden
People with disabilities even more alone during pandemic: cerebral palsy spokeswoman

YELLOWKNIFE — Riley Oldford is usually out playing sledge hockey or hanging… Continue reading

Most Read