Pembina Says Pacific Link Oil Pipeline Named Project of National Interest by Canada
MT Newswires Live
Oct 02
Pembina Pipeline (PBA) said Thursday that Canada has listed the West Coast Oil Pipeline, now called Pacific Link, as a Project of National Interest under the Building Canada Act, giving it a clearer and more predictable federal review process.
Pembina's economic interest through construction will be 10%, with the option to buy up to another 10% once the pipeline is operating, as previously disclosed, the company said.
The company said it retains full discretion over any final investment decision with respect to its interest.
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