Pembina Pipeline Corporation's Jordan Cove LNG Project Receives Federal Approval
Pembina Pipeline Corp. Ordinary Shares (Canada) (PBA)
Last pembina pipeline corp. ordinary shares (canada) earnings: 2/27 05:44 pm
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Source: PR Newswire
CALGARY, March 19, 2020 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") is pleased to announce receipt of a certificate of approval from the U.S. Federal Energy Regulatory Commission ("FERC") for Pembina's proposed Jordan Cove liquified natural gas ("LNG") terminal and Pacific Connector Gas Pipeline (together known as "Jordan Cove" or "the Project"). Jordan Cove is the first ever U.S. West Coast natural gas export facility to be approved by FERC. This federal approval is a significant milestone for the Project and for Pembina.Pembina acquired Jordan Cove in late 2017 and has since been working toward obtaining extensive local, state and federal regulatory approvals. The Project includes a 229-mile pipeline, that would traverse four counties in Southern Oregon, and an LNG export terminal in Coos Bay, Oregon. Natural gas for Jordan Cove would be sourced at the Malin Hub, creating a new outlet for natural gas from areas such as the Rockies Basin. The Project repr
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