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Pembina Pipeline Takes Impairment on Jordan Cove Feb 25, 2021 11:02:pm Summary by: Dale Lunan Posted in: Pembina Pipeline Takes Impairment on Jordan Cove Pembina Pipeline, the Canadian midstream operator proposing the 7.8mn mt/yr Jordan Cove LNG export terminal, has taken a C$349 (US$277)mn impairment on the project, it said February 25 while releasing its Q4 2020 financial results. The impairment includes all previously-capitalized amounts related to Jordan Cove, except for land with a recoverable carrying amount of $21mn. Jordan Cove LNG, which Pembina acquired in 2017 when it bought midstr...

Pembina Pipeline Corporation Announces 2021 Guidance and Provides Business Update News provided by Share this article Share this article All financial figures are approximate and in Canadian dollars unless otherwise noted. This news release refers to adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"), which is a financial measure that is not defined by Generally Accepted Accounting Principles ("GAAP"). For more information see "Non-GAAP Measures" herein. CALGARY, AB, Dec. 14, 2020 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company...