March 18, 2016 / 11:48 AM / in 2 years

BRIEF-Pembina Pipeline Corp lowers capital cost of project to about $250 mln

March 18 (Reuters) - Pembina Pipeline Corp :

* Pembina pipeline corporation provides business update

* Due to project optimization and lower forecast costs, expected capital cost of project is now about $250 million , reduced from original $350 million

* In-Service date of project is expected to be mid-2017, subject to regulatory and environmental approval

* Pembina pipeline Corp says Pembina’s crude oil midstream business continues to progress its Canadian diluent hub

* Pembina pipeline Corp says expected capital cost of midstream project is now approximately $250 million, reduced from $350 million previously announced Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below