# Pembina Pipeline Corporation

> Pembina Pipeline Corporation is a Calgary-based energy infrastructure company that gathers, processes, transports, stores, fractionates, markets and exports hydrocarbons. Its advantage is the way those assets connect: producers in Western Canada can buy several services across one network, while refineries, petrochemical plants, utilities and export buyers gain reliable access to crude oil, natural gas and natural gas liquids. Most infrastructure earnings come from fee-based arrangements and long-term contracts, supplemented by commodity marketing and newer platforms such as Cedar LNG and gas-fired power for data centres.

- **Founded:** 1954
- **Headquarters:** Calgary, Canada
- **Team size:** Approximately 3,000 employees; LinkedIn listed 2,458 associated profiles in August 2026
- **Products:** Pipeline transportation, Gas gathering and processing, NGL fractionation and storage, Terminals and logistics, Marketing and optimization
- **Notable:** Built an approximately 18,000-kilometre North American pipeline network with net transportation capacity of about 3.0 million barrels of oil equivalent per day., Expanded into roughly 6.3 billion cubic feet per day of gas processing and approximately 410,000 barrels per day of NGL fractionation capacity., Completed the C$9.7 billion acquisition of Veresen in 2017, then acquired Kinder Morgan Canada and the Cochin Pipeline for C$4.35 billion in 2019.

## Products & services

- **Pipeline transportation** — Transportation for crude oil, condensate, natural gas liquids and natural gas across approximately 18,000 kilometres of conventional, oil sands and transmission pipelines.
- **Gas gathering and processing** — Sweet and sour gas gathering, compression, condensate stabilization and shallow- and deep-cut processing with approximately 6.3 billion cubic feet per day of capacity.
- **NGL fractionation and storage** — Approximately 410,000 barrels per day of NGL fractionation capacity plus roughly 21 million barrels of cavern storage and associated logistics.
- **Terminals and logistics** — Crude and NGL storage, rail terminalling, a liquefied propane export facility and a 125-acre bulk marine terminal in Vancouver.
- **Marketing and optimization** — Buying and selling natural gas, ethane, propane, butane, condensate, crude oil, electricity and carbon credits, including storage and transportation optimization.
- **Cedar LNG** — A 3.3 million-tonne-per-year floating LNG export facility under construction in Kitimat, British Columbia, owned with the Haisla Nation and expected in service in late 2028.
- **Greenlight Electricity Centre** — A contracted 932 MW gas-fired combined-cycle plant planned to provide dedicated behind-the-meter power to a Meta data centre, with service targeted for the second half of 2030.
- **Heartland Extraction Plant** — A planned 750 MMcf/d NGL extraction plant tied to long-term ethane supply for Dow and targeted for service in late 2029.

## Achievements

- Built an approximately 18,000-kilometre North American pipeline network with net transportation capacity of about 3.0 million barrels of oil equivalent per day.
- Expanded into roughly 6.3 billion cubic feet per day of gas processing and approximately 410,000 barrels per day of NGL fractionation capacity.
- Completed the C$9.7 billion acquisition of Veresen in 2017, then acquired Kinder Morgan Canada and the Cochin Pipeline for C$4.35 billion in 2019.
- Acquired Enbridge's interests in Alliance Pipeline and Aux Sable in 2024, consolidating ownership of connected gas transportation and processing assets.
- Reached a positive final investment decision on the US$4 billion Cedar LNG project with the Haisla Nation in 2024.
- Reported C$7.778 billion of revenue and C$4.289 billion of adjusted EBITDA in 2025.
- Sanctioned the 932 MW Greenlight Electricity Centre in 2026 under a long-term tolling arrangement for a Meta data centre.
- Has paid common-share dividends since the creation of the Pembina Pipeline Income Fund in 1997.

## Latest updates

- **2026-07** — Pembina, Morgan Stanley Infrastructure Partners and Kineticor approved the 932 MW Greenlight Electricity Centre, a roughly C$4.6 billion gross project designed to power a Meta data centre from the second half of 2030.
- **2026-07** — Pembina signed a non-binding agreement to participate in planning a proposed one-million-barrel-per-day pipeline and export corridor from Alberta to Canada's West Coast.
- **2026-05** — Pembina sanctioned the C$570 million Heartland Extraction Plant, expected to supply ethane to Dow and enter service in late 2029.
- **2026-05** — First-quarter earnings were C$498 million and adjusted EBITDA was C$1.131 billion; the company raised 2026 adjusted EBITDA guidance to C$4.35-C$4.55 billion and increased its quarterly common dividend by about 3.5 percent.
- **2026-05** — The Wapiti gas-processing expansion and K3 cogeneration facility entered service on time and on budget.
- **2025-11** — PETRONAS signed a 20-year agreement for 1.0 mtpa of Pembina's Cedar LNG liquefaction capacity.

## Links

- Website: https://www.pembina.com/
- LinkedIn: https://www.linkedin.com/company/pembina-pipeline-corporation
- Twitter/X: https://x.com/PembinaPipeline
- YouTube: https://www.youtube.com/@pembinapipelinecorporation
- Instagram: https://www.instagram.com/pembinapipeline/
- Facebook: https://www.facebook.com/PembinaPipeline/

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Profile page: https://yespress.io/pembina-pipeline-corporation
Published by YesPress — https://yespress.io
Last updated: 2026-08-11
