Peace Pipeline
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Peace Pipeline is a multi-phase oil and natural gas liquids (NGL) pipeline in Alberta and British Columbia, Canada.
Location
The pipeline runs from Edmonton, Alberta, Canada to Fox Creek, Alberta, Canada.[1]
Project details
- Operator:
- Owner: Pembina Pipeline Corporation [100%][2]
- Parent company: Pembina Pipeline Corporation [100%]
- Capacity:
- Length: 2,110 kilometers[2]
- Status: Operating[2]
- Cost:
- Start year:
Background
Phase II Expansion
The phase II expansion was put into service in 2015. In aggregate, the Phase II Expansion represents an approximately $670 million of capital investment. The Phase II Expansion is expected to increase the Peace and Northern systems' capacity by 108,000 bpd in aggregate. As a result of commissioning the Phase II Expansion, total capacity in Pembina's Conventional Pipeline business will increase by 15 percent to approximately 830,000 bpd.[3]
Low Vapour Pressure Segment (Phase II LVP)
In April 2015, the low vapour pressure (LVP) crude oil and condensate portion of the expansion was placed into service. The Phase II LVP represents an approximately $340 million of capital investment.[3]
High Vapour Pressure Segment (Phase II HVP)
In September 2015, Pembina commissioned the high vapour pressure (HVP) natural gas liquids (NGL) portion. The Phase II HVP represents an approximately $330 million of capital investment.[3]
- Operator:
- Owner: Pembina Pipeline Corporation [100%][2]
- Parent company: Pembina Pipeline Corporation [100%]
- Capacity: 108,000 barrels per day[3]
- Length:
- Status: Operating
- Cost: US$670 million[3]
- Start Year: 2015[3]
Phase VI Expansion
This phase of the pipeline includes upgrades at Gordondale; a 16-inch pipeline in the La Glace to Wapiti corridor and associated pump station and terminal upgrades; and a 20-inch pipeline in the Kakwa to Lator corridor. As of February 2020, commissioning of the first stage of the expansion is underway and construction of the second stage is ongoing. The project has a capital budget of $280 million and is anticipated to be placed into service in stages starting in the first quarter of 2020 through mid-2020.[4]
The project was placed into service in stages starting in late 2019 through mid-2020.[5]
Phase VI Project Location
The expansion project involves the adding of additional kilometers of pipelines as well as new compression stations.[5]
Phase VI Project Details
- Operator:
- Owner: Pembina Pipeline Corporation [100%][2]
- Parent company: Pembina Pipeline Corporation [100%]
- Capacity:
- Length:
- Diameter: 16-inch, 20-inch[4]
- Status: Operating[4]
- Cost: US$280 million[4]
- Start Year: 2020[4]
Phase VII Expansion
The expansion project involves the adding of additional kilometers of pipelines as well as new compression stations.[5]
Phase VII of the Peace Pipeline Expansion, which includes a 20-inch, approximately 220-kilometer pipeline in the La Glace-Valleyview-Fox Creek corridor, as well as six new pump stations or terminal upgrades, between La Glace and Edmonton, Alberta. This expansion is expected to add approximately 240 million barrels per day of incremental capacity upstream of Fox Creek, accessing capacity available on the pipelines downstream of Fox Creek. Pipeline construction commenced in January 2020. This project has a capital budget of $950 million and is anticipated to be in-service in the first half of 2021.[4]
In March, 2020, Pembina made the decision to defer Phases VII, VIII and IX in response to the COVID-19 pandemic, the resulting virtual shutdown of the global economy and the recent significant decline in global energy prices. As of July 2020, construction of Phases VII, VIII and IX of the Peace Pipeline System Expansions remain deferred.[5] In December 2020 Pembina announced that it would begin construction of Phase VII and that the pipeline had been redesigned to reduce its cost from $950 million to $775 million.[6]
- Operator:
- Owner: Pembina Pipeline Corporation [100%][2]
- Parent company: Pembina Pipeline Corporation [100%]
- Capacity: 240 million barrels per day[4]
- Length: 220 kilometers[4]
- Diameter: 20 inches, 22 inches[4]
- Status: Operating[4][7][8]
- Cost: CAN$775 million[6]
- Start year: 2022[6][9]
Phase VIII Expansion
The Phase VIII of the Peace Pipeline Expansion, which includes 10-inch and 16-inch pipelines in the Gordondale to La Glace corridor, as well as six new pump stations or terminal upgrades located between Gordondale and Fox Creek. Engineering work is progressing as planned to support a construction start date in the second half of 2020. This project has a capital budget of $500 million and is anticipated to be placed into service in stages starting in 2020 through the first half of 2022, subject to regulatory and environmental approvals.[4]
Phase VIII will enable segregated pipeline service for ethane-plus and propane-plus NGL mix from the central Montney area at Gordondale, Alberta, into the Edmonton area for market delivery.[5]
In March, 2020, Pembina made the decision to defer Phases VII, VIII and IX in response to the COVID-19 pandemic, the resulting virtual shutdown of the global economy and the recent significant decline in global energy prices. As of July 2020, construction of Phases VII, VIII and IX of the Peace Pipeline System Expansions remain deferred.[5]
The expansion project involves the adding of additional kilometers of pipelines as well as new compression stations.[5]
- Operator:
- Owner: Pembina Pipeline Corporation [100%][2]
- Parent company: Pembina Pipeline Corporation [100%]
- Capacity: 235,000 bpd, 65,000 bpd[9]
- Length: 150 kilometers[9]
- Diameter: 10 inches, 16 inches[4]
- Status: Construction[9][8]
- Cost: CAN$500 million[4]
- Start year: 2024[9]
Phase IX Expansion
Pembina approved the first stage of Phase IX of the expansion. The expansion will include 6-inch and 16-inch pipelines de-bottlenecking the corridor north of Gordondale as well as upgrades at one pump station. In addition, this expansion will see existing pipelines, which are currently batching, converted to single product lines.[4]
Once this expansion is completed, Pembina will have largely completed its objective to achieve segregated liquids transportation service for ethane-plus, propane-plus, crude and condensate across multiple pipeline systems between Gordondale, Alberta and the Edmonton, Alberta area.[5]
In March, 2020, Pembina made the decision to defer Phases VII, VIII and IX in response to the COVID-19 pandemic, the resulting virtual shutdown of the global economy and the recent significant decline in global energy prices. As of July 2020, construction of Phases VII, VIII and IX of the Peace Pipeline System Expansions remain deferred.[5] It was reactivated in June 2021.[10]
The expansion project involves the adding of additional kilometers of pipelines as well as new compression stations.[5]
- Operator:
- Owner: Pembina Pipeline Corporation [100%][2]
- Parent company: Pembina Pipeline Corporation [100%]
- Capacity:
- Length:
- Diameter: 6 inches, 16 inches[4]
- Status: Operational[11][8]
- Cost: CAN$120 million
- Start year: 2022[11][8]
Articles and resources
References
- ↑ Behind the pursuit of social licence: How an Alberta band lost a pipeline — and the economic benefits — that it wanted, Financial Post, accessed October 2018
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 Asset Data, IJGlobal, accessed Aug. 27, 2020
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 Pembina Pipeline Corporation Places $650 Million of New Assets into Service and Provides Project Updates, Cision, September 02, 2015
- ↑ 4.00 4.01 4.02 4.03 4.04 4.05 4.06 4.07 4.08 4.09 4.10 4.11 4.12 4.13 4.14 Pembina Pipeline Corporation Reports Record Annual Results in 2019, Cision, February 27, 2020
- ↑ 5.0 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 Peace Pipeline Expansion Projects, Pembina, accessed August 31, 2020
- ↑ 6.0 6.1 6.2 Pembina Pipeline Corporation Announces 2021 Guidance and Provides Business Update, newswire.ca, Dec. 14, 2020
- ↑ Alberta, Government of. "Peace Pipeline Expansion Phase 7". majorprojects.alberta.ca. Retrieved 2022-04-20.
- ↑ 8.0 8.1 8.2 8.3 "Pembina Pipeline Corporation Reports Results for the Fourth Quarter and Full Year 2022, Provides Business Update, and Declares Quarterly Common Share Dividend". Business Wire. February 23, 2023.
{{cite web}}
: CS1 maint: url-status (link) - ↑ 9.0 9.1 9.2 9.3 9.4 "Peace Pipeline Expansions". web.archive.org. 2022-04-20. Retrieved 2022-04-20.
- ↑ Alberta, Government of. "Peace Pipeline Expansion Phase 9". majorprojects.alberta.ca. Retrieved 2022-05-24.
- ↑ 11.0 11.1 Brant Munro, CFA (2023-01-12). "Pembina Pipeline Preferred Shares: Small Risk, Big Returns (NYSE:PBA)". Seeking Alpha. Retrieved 2023-02-23.