Pembina enters LPG export agreement with AltaGas

Pembina Pipeline Corp. entered into a new long-term agreement with AltaGas Ltd. that provides a competitive export outlet, further enhancing end-market diversification for Pembina and its customers, according to the company.

The long-term tolling agreement with AltaGas is for 30,000 barrels per day (bpd) of LP gas export capacity at AltaGas’ current Ridley Island Propane Export Terminal and its future Ridley Island Energy Export Facility – both in Prince Rupert, British Columbia, Canada. Under the agreement, Pembina has secured export capacity of 20,000 bpd starting in April 2026 and an additional 10,000 bpd starting in April 2027.

Pembina says long-term growth of natural gas and natural gas liquids increases the importance of connecting the energy products to premium markets. In combination with 20,000 bpd of capacity at Pembina’s Prince Rupert Terminal, the company will have 50,000 bpd of global market access off Canada’s west coast, including to premium price markets in Asia, for its own propane as well as its customers’ product.

Pembina Pipeline Corp. is an energy transportation and midstream service provider that has served North America’s energy industry for more than 70 years. Pembina owns an extensive network of assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business.

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