Canada's Pembina Pipeline to buy midstream assets from Veren

Pembina Pipeline News

Canada's Pembina Pipeline to buy midstream assets from Veren
Infrastructure AssetsEnergy Infrastructure
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Consolidation in the pipeline and storage sector has been on the rise since last year as North American production grows, and as hurdles in getting new...

- Canada's Pembina Pipeline said on Monday it will buy some infrastructure assets in Alberta Montney from oil producer Veren Inc for about C$400 million , to strengthen its midstream operations.Consolidation in the pipeline and storage sector has been on the rise since last year as North American production grows, and as hurdles in getting new energy infrastructure approved and built have made existing operators more valuable.

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