Pembina increases NGL sales in 2019

Calgary-based Pembina reported higher natural gas liquids (NGL) sales for 2019 with lower sales in the fourth quarter amid rail disruptions.

NGL sales averaged 189,000 b/d in 2019, up by 8pc from 2018.

The company reported some rail delays in February because of rail blockades by protesting indigenous peoples.

"We are a few days behind due to reduced rail speeds this month, but we continue to move product," said Stu Taylor, Pembina's senior vice-president for marketing and new ventures.

Pembina continues to develop its Prince Rupert LPG export terminal on Watson Island in British Columbia (BC), which is now expected to have a 40,000 b/d of capacity amid strong interest from producers and propane buyers.

The first 25,000 b/d of capacity will come on line in the second half of this year, with an additional 15,000 b/d planned in the first half of 2023.

By Yulia Golub