Pembina Pipeline Corporation Provides Update on Active Wildfires
08 Mai 2023 - 9:30PM
Business Wire
Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA)
today provided an update on the operational impacts of the ongoing
wildfires in Alberta and British Columbia ("B.C.").
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230508005652/en/
Wildfires in Alberta and B.C. have resulted in evacuation orders
in several areas where Pembina has operations. Our priority is the
health and safety of our people, impacted communities, and the
environment. Pembina has accounted for all of our employees and
contractors in the affected areas, and we are working to ensure
they remain safe and receive the support they need. Our thoughts
are with all impacted communities during this difficult time.
We are evaluating current and anticipated operational impacts,
and as part of our emergency response procedures we are working
with all appropriate authorities to ensure necessary protocols are
in place to mitigate risks.
Assets currently shut down include the Saturn I and II gas
plants at the Saturn Complex north of Hinton, Alberta, and the
Duvernay Complex, west of Fox Creek, Alberta, with a combined
processing capacity of 443 million cubic feet per day, net to
Pembina. Various related pump stations, gathering systems and other
supporting infrastructure are also shut down.
The Wapiti Gas Plant, KA Plant and K3 Plant, as well as the
Peace Pipeline system 20-inch line from Fox Creek, Alberta to
Edmonton, Alberta, were temporarily shut down, however these assets
have been safely restarted.
To date, Pembina is not aware of any material damage to its
assets. We continue to monitor this dynamic situation closely and
as soon as it is safe to do so, operators will begin accessing the
other impacted sites and implementing a phased restart plan for the
impacted assets.
Ongoing operational updates, as required, will be available at
www.pembina.com/media-centre/media-statement/.
About Pembina
Pembina Pipeline Corporation is a leading energy transportation
and midstream service provider that has served North America's
energy industry for more than 65 years. Pembina owns an integrated
network of hydrocarbon liquids and natural gas pipelines, gas
gathering and processing facilities, oil and natural gas liquids
infrastructure and logistics services, and a growing export
terminals business. Through our integrated value chain, we seek to
provide safe and reliable infrastructure solutions which connect
producers and consumers of energy across the world, support a more
sustainable future and benefit our customers, investors, employees
and communities. For more information, please visit
pembina.com.
Forward-Looking Information and Statements
This document contains certain forward-looking statements and
forward-looking information (collectively, "forward-looking
statements"), including forward-looking statements within the
meaning of
the "safe harbor" provisions of applicable securities
legislation, that are based on Pembina's current expectations,
estimates, projections and assumptions in light of its experience
and its perception of historical trends. In some cases,
forward-looking statements can be identified by terminology such as
"continue", "anticipate", "schedule", "will", "expects",
"estimate", "potential", "planned", "future", "outlook",
"strategy", "protect", "trend", "commit", "maintain", "focus",
"ongoing", "believe" and similar expressions suggesting future
events or future performance. Pembina makes no representation that
actual results achieved will be the same in whole or in part as
those set out in the forward-looking information. Furthermore, the
forward-looking information contained herein is made as of the date
hereof, unless otherwise noted, and Pembina does not undertake any
obligation to update or to revise any forward-looking information,
whether as a result of new information, future events or otherwise.
Additional information on factors that could affect Pembina, or its
operations or financial results, are included in Pembina's most
recently filed Management’s Discussion & Analysis and Annual
Information Form for the year ended December 31, 2022 and from time
to time in Pembina's public disclosure documents available at
www.sedar.com, www.sec.gov and through Pembina's website at
www.pembina.com. Any forward-looking information contained herein
is expressly qualified by this cautionary statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20230508005652/en/
For further information: Investor Relations (403) 231-3156
1-855-880-7404 (toll-free) e-mail: investor-relations@pembina.com
Media Relations (403) 691-7601 1-844-775-6397 (toll-free) e-mail:
media@pembina.com www.pembina.com
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