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Stock impact report

Pembina and PETRONAS Enter Long-Term Agreement for Cedar LNG Capacity

Pembina Pipeline Corp. Ordinary Shares (Canada) (PBA) 
Last pembina pipeline corp. ordinary shares (canada) earnings: 2/27 05:44 pm Check Earnings Report
US:NYSE Investor Relations: pembina.com/investor-centre
Company Research Source: Business Wire
CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) and Petroliam Nasional Berhad ("PETRONAS") today announced the signing of a 20-year agreement (the "Agreement") for 1.0 million tonnes per annum ("mtpa") of Pembina's liquefaction capacity at the Cedar LNG facility ("Cedar LNG") by their subsidiaries.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251104677175/en/The Agreement is a synthetic liquefaction service structure for 1.0 mtpa of capacity, under which Pembina will provide transportation and liquefaction capacity to PETRONAS LNG Ltd over a 20-year term. It enables PETRONAS to access an additional natural gas export outlet for its sizeable Canadian upstream investment, while providing Pembina with a stable long-term, take-or-pay revenue stream and the potential for value enhancement. The Agreement also demonstrates the shared commitment of both Pembina and PETRONAS to Show less Read more
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