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With 2020 now in the books, Sherwood Park MLA Jordan Walker reflected back on a challenging year for Strathcona County.
“This has been an arduous year for many Albertans struggling with financial uncertainty, loneliness, isolation, and other issues presented by the pandemic,” Walker said. “In trying times such as these, it is paramount that we look after the mental health of our friends and neighbours. That’s why I’m so glad Alberta’s government introduced the Mental Health and Addictions Grant Funding program. Its crucial Albertans have access to and are aware of the various supports available to tend to their mental health.”
Pembina plans $785M in capital spending for 2021, restarting work on two key projects
Pembina Pipeline Corp. is planning $785 million in capital spending next year as it moves to restart work on two key projects, resuming construction of the next phase of its Peace Pipeline expansion and restarting its Empress co-generation facility.
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The Canadian Press ·
Posted: Dec 14, 2020 8:10 AM MT | Last Updated: December 14, 2020
Pembina Pipeline has announced its capital spending plans for 2021, including a new pipeline and associated infrastructure in the LaGlace-Valleyview-Fox Creek corridor in Alberta.(Jason Franson//The Canadian Press)
Pembina suspending $4.5B Alberta petrochemical project indefinitely
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Pembina Pipeline Corp. and Kuwaitâs Petrochemical Industries Co. are suspending work on a $4.5-billion joint venture to build an integrated propane dehydration plant (PDH) and polypropylene upgrading facility in Alberta.
âWhile Pembina continues to believe in the strategic rationale of this project, the significant risks arising from the ongoing COVID-19 pandemic, most notably with respect to costs under the lump sum contract for construction of the PDH plant, which remains under force majeure condition, require CKPC [Canada Kuwait Petrochemical Limited Partnership] to suspend execution of the project indefinitely,â the company said in a release Monday.
The corporate logo of Pembina Pipeline Corp. (TSX:PPL) is shown. THE CANADIAN PRESS/HO December 14, 2020 - 8:14 AM
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.