Calgary-based Pembina Pipeline Corp. announced Jan. 19 that PKM Cochin ULC and Pembina Cochin LLC have launched an open season to obtain binding commitments for the transport of light condensate on the Cochin Pipeline.
The Cochin mainline system represents a fully contracted cross-border pipeline system that connects Pembina’s Channahon, Bakken and Edmonton area assets and is connected to markets in Mont Belvieu, Conway and Edmonton, Alberta. Furthermore, there is future potential to connect the eastern leg of the Cochin Pipeline to Pembina’s assets and markets in Sarnia, Ontario. The system originally began operations in 1979 and represents approximately 1,900 miles of pipeline.
Pembina acquired the Cochin Pipeline, along with the Kinder Morgan Canada assets, in a $4.35 billion transaction announced in August 2019.
Pembina Pipeline is a leading transportation and midstream service provider that has been serving North America’s energy industry for more than 65 years. Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada.
The company also owns gas gathering and processing facilities; an oil and natural gas liquids infrastructure and logistics business; is growing an export terminals business. Pembina’s integrated assets and commercial operations along the majority of the hydrocarbon value chain allow it to offer a full spectrum of midstream and marketing services to the energy sector.
Pembina is committed to identifying additional opportunities to connect hydrocarbon production to new demand locations through the development of infrastructure that would extend Pembina’s service offering even further along the hydrocarbon value chain. These new developments will contribute to ensuring that hydrocarbons produced in the Western Canadian Sedimentary Basin and the other basins where Pembina operates can reach the highest value markets throughout the world.Tags: Cochin Pipeline, Open Season, Pembina Pipeline Corp