Pembina To Expand Vantage Pipeline System

Pembina Pipeline Corp. plans to expand the Vantage pipeline system for an estimated $85 million. The expansion entails increasing Vantage's mainline capacity from 40,000 bpd to 68,000 bpd through the addition of mainline pump stations and the construction of a 80-km, 8-inch gathering lateral. The mainline expansion is supported by a long-term, fee-for-service agreement, with a substantial take-or-pay component. The gathering lateral is underpinned by a fixed return on invested capital agreement. The expansion is expected to be in-service in early 2016.