◎Pembinaが新規のウエストコースト輸出ターミナル候補地に米ポートランドを選択

AsiaNet 57738

共同0930 （2014.9.3）

【カルガリー（カナダ・アルバータ州）2014年9月2日PRN＝共同JBN】

＊Pembinaは同社のウエストコースト・プロパン輸出ターミナル・プロジェクト実現のために米国オレゴン州ポートランド港湾局と協定を締結

Pembina Pipeline Corporation（Pembinaまたは同社）（TSX: PPL、NYSE: PBA）は、同社計画のウエストコースト・プロパン輸出ターミナル・プロジェクト（ウエストコースト・ターミナルないしは同プロジェクト）のサイトを選択したと発表した。8月28日、Pembinaは米国オレゴン州ポートランド港湾局（同港湾局）と同プロジェクト開発のためにターミナル・サイトを規定する協定（ターミナル協定）を締結した。ターミナル・サイトはポートランド市内にある既存の海洋バースを含んでいる。ターミナル協定はウエストコースト・ターミナルのための機材商用リース条件も規定している。

最も重要なことは、ターミナル協定によってPembinaが同プロジェクトの近隣住民、ポートランド市および市・州・連邦政府のその他の利害関係者、さらに環境・規制当局と交渉、相談するプロセスを開始できることである。

ターミナル協定によると、Pembinaは引き続き、具体的なエンジニアリング作業を進め、広範な環境および規制関連の調査とアセスメントを行い、同港湾局とともにウエストコースト・ターミナル開発にとって必要なすべての許可および承認を取得するプロセスを開始する。

Pembinaのミック・ディルガー社長兼最高経営責任者（CEO）は「ターミナル協定に調印したことは同プロジェクトにとって極めて大きな節目である。これによって、利害関係者、政府、環境・規制当局との相談、交渉を開始できる。当社が操業するコミュニティーとの信頼を築くことはPembinaにとっては最優先事項であり、過去60年以上にわたり当社は誠実、透明性に加え当社の利害関係者を丁寧に遇するとの評判を確立してきた。関係者と現在進めている対話は当社がなさねばならないものであり、あらゆる開発プロセスで最も重要なことである。われわれは同プロジェクトの近隣住民との話し合いに期待している」と語った。

Pembinaは当初、約5億米ドルの資本投資を行い日量3万7000バレルのプロパン輸出施設を建設し、2018年初めに稼働させる予定。同社はウエストコースト・ターミナルが大規模な国際市場へのアクセスを持つ（カナダ西部で生産される天然ガスから抽出される）豊富なカナダ・プロパン供給を提供するとともに、天然ガスから抽出される製品向けに拡大するPembinaの総合サービスを補完する。

Pembinaのアンドルー・グルスゼッキ副社長（事業開発担当）は「Pembinaのウエストコースト・ターミナル開発での同港湾局との共同作業は極めて建設的であった。同港湾局が高度な知識、仕事倫理、優れた組織・運営を備えていることをうれしく思う。Pembinaはターミナル協定に基づき同プロジェクトを進展させ、ポートランド地域への当社の大幅な投資計画を実現するつもりである。ターミナル協定によって、当社は関係者にとって素晴らしいチャンスと、顧客には市場ソリューションを提供することが可能となる。ポートランドの人々と短期・長期の投資および雇用機会について協力できることを大変うれしく思う」と語った。

この港湾は、コロンビア川とウィラミット川に沿ったポートランド市内にある。コロンビア川は約180キロ下流にある太平洋までの深水アクセスを提供する。港湾には、Pembinaのプロジェクトに伴う貯蔵・パイプ・レール施設の設置と海洋インフラストラクチャーに利用可能な土地がある。

ポートランド港湾局エグゼクティブディレクターのビル・ワイアット氏は「この港湾はこれまでもカナダの輸出入にとって実績がある玄関口であり、Pembinaが提供する安全に対する高度なレベルの経験、専門技術、コミットメントに感心した。この選択は極めて適切なものであり、われわれは同プロジェクトがポートランドで実現するために全力を尽くすつもりである」と語った。

Pembinaは、責任あるオペレーターであることは人間と環境の健康および安全を守ることにコミットすることであると考えている。同社のSafety, Environment and Security（SES）管理システムはPembinaの成功の要であり、Pembinaの企業文化に深く根ざしている。Pembinaは、定期安全会議、広範なコントラクター適格審査、厳格なプロジェクト検査、潜在的危険の点検を通じて日常業務における優秀なSESを達成するための努力を強化しており、同社の設備および業務が業界の最良慣行を満たし、それを上回ることを確実なものにしている。Pembinaはポートランド港湾局、その他すべての利害関係者と協力して、同プロジェクトが安全かつ市・州・連邦政府の規定に従って建設され運営されることを保証する。

ターミナル協定の条項によると、同プロジェクトは、Pembinaと同港湾局との最終合意の締結、同プロジェクト開発に必要なすべての環境・規制の許可・承認の受け取りを前提にしている。

▽Pembinaについて

カナダのカルガリーに本社を置くPembina Pipeline Corporationは有力な輸送、中流サービスのプロバイダーで、60年にわたって北米のエネルギー業界にサービスしている。Pembinaはカナダ西部で生産される通常および合成の原油、重油・オイルサンド製品、コンデンセート（希釈）、液化天然ガスを含む多様な液体炭化水素を輸送するパイプラインを所有、運営している。同社はまたガス収集・処理施設、石油・天然ガス液のインフラ、ロジスティクス事業も所有、運営している。施設はカナダ西部およびカナダ東部と米国の天然ガス液市場に戦略的に配置されており、Pembinaはその事業全般にわたる全面的な中流、マーケティング・サービスも提供している。その統合資産、商業事業によってPembinaは炭化水素バリューチェーンとともにエネルギー分野が必要とするサービスを提供することができる。

Pembina Pipeline（登録商標）はPembina Pipeline Corporationの登録商標である。

▽問い合わせ先

Investor Inquiries（投資家向け）:

Scott Burrows

Vice President, Capital Markets

+1(403) 231-3156

+1-855-880-7404

e-mail: investor-relations@pembina.com

Media Inquiries（メディア向け）:

Laura Lunt

Senior Manager, Regulatory, Environment & External Relations

+1(403) 231-7500

ソース：Pembina Pipeline Corporation

Pembina Chooses Portland, Oregon for New West Coast Propane Export Terminal

PR57738

CALGARY, Alberta, Sept. 2, 2014 /PRN=KYODO JBN/ --

  - Pembina enters into agreement with the Port of Portland, Oregon to enable

     the development of Pembina's planned West Coast propane export terminal

                                 project

Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA)

is pleased to announce that it has selected the site for the Company's planned

West Coast propane export terminal project (the "West Coast Terminal" or the

"Project"). On August 28, 2014, Pembina entered into an agreement (the

"Terminal Agreement") with the Port of Portland, Oregon (the "Port") that sets

forth the terminal site, which includes an existing marine berth, located

within the city of Portland for the development of the Project. The Terminal

Agreement also outlines the material commercial lease terms for the West Coast

Terminal.

Most importantly, the Terminal Agreement now enables Pembina to begin the

process of engaging and consulting with the neighbours of the Project and other

stakeholders within the city of Portland, municipal, state and federal

governments, and all applicable environmental and regulatory authorities.

Under the Terminal Agreement, Pembina will continue to progress detailed

engineering work, undertake extensive environmental and regulatory reviews and

assessments and, together with the Port, begin the process to obtain all the

required permits and approvals for the development of the West Coast Terminal.

"Signing the Terminal Agreement is a tremendous milestone for the Project,"

said Mick Dilger, Pembina's President and Chief Executive Officer. "It marks

the beginning of consulting and engaging with stakeholders, governments and the

environmental and regulatory authorities. Building trust with the communities

where we operate is a top priority for Pembina and over the last 60 years, we

have developed a reputation for honesty, transparency and treating our

stakeholders with respect. Ongoing dialogue with our stakeholders is an

integral part of what we do and is the most important step in any development

process. We are looking forward to our conversations with the neighbours of the

Project."

Pembina intends to initially develop a 37,000 barrel per day propane export

facility for an expected capital investment of approximately US$500 million and

with an anticipated in-service date of early-2018. The Company expects that the

West Coast Terminal will provide growing Canadian propane supply (that is

derived from natural gas produced in Western Canada) with access to large,

international markets while complementing Pembina's expanding integrated

service offering for products that are derived from natural gas.

"Working with the Port toward development of Pembina's West Coast Terminal has

been very positive," said Andrew Gruszecki, Pembina's Vice President of

Business Development. "We are pleased by the Port's sophistication, work ethic

and excellent facilities and operations. Pembina is eager to progress the

Project under the terms of the Terminal Agreement to bring our plans for a

significant investment in the Portland area to fruition, allowing us to provide

an exciting opportunity for our shareholders and a market solution for our

customers. We are excited to work with the people of Portland on investment and

employment opportunities for the near and long-term."

The Port is located in the city of Portland along the Columbia and Willamette

rivers. The Columbia River provides deep water access to the Pacific Ocean,

which is approximately 180 kilometers downstream. The Port has lands available

for the installation of storage, piping and rail facilities and marine

infrastructure associated with Pembina's Project.

"Our Port is already a proven gateway for Canadian exports and imports, and I

am impressed by the level of experience, expertise and commitment to safety

that Pembina brings to the table," says Bill Wyatt, Executive Director of the

Port of Portland. "This will be an excellent fit, and we are fully committed to

make the Project a reality in Portland."

Pembina believes being a responsible operator means being committed to

protecting the health and safety of people and the environment. The Company's

Safety, Environment and Security ("SES") management system is a cornerstone of

Pembina's success and is deeply embedded in its corporate culture. Pembina

reinforces its dedication to excellence in SES in its daily operations through

regular safety meetings, extensive contractor screening, rigorous project

inspection, review of potential hazards, and ensuring the Company's assets and

practices meet or exceed industry best practices. Pembina will work with the

Port of Portland and all other stakeholders to ensure the Project is

constructed and operated safely and in accordance with all municipal, state and

federal regulations.

Under the terms of the Terminal Agreement, the Project is subject to Pembina

and the Port entering into definitive agreements, and the receipt of all

environmental and regulatory permits and approvals necessary for the

development of the Project.

About Pembina

Calgary-based Pembina Pipeline Corporation is a leading transportation and

midstream service provider that has been serving North America's energy

industry for 60 years. Pembina owns and operates infrastructure that transport

various products derived from natural gas and hydrocarbon liquids produced in

western Canada. The Company also owns and operates gas gathering and processing

facilities and an oil and natural gas liquids infrastructure and logistics

business. With facilities strategically located in western Canada and in

natural gas liquids markets in eastern Canada and the U.S., Pembina also offers

a full spectrum of midstream and marketing services that spans across its

operations. Pembina's integrated assets and commercial operations enable it to

offer services needed by the energy sector along the hydrocarbon value chain.

Forward-Looking Statements & Information

This document contains certain forward-looking statements and information

(collectively, "forward-looking statements") within the meaning of the "safe

harbor" provisions of applicable securities legislation that are based on

Pembina's current expectations, estimates, projections and assumptions in light

of its experience and its perception of historical trends. In some cases,

forward-looking statements can be identified by terminology such as "enables",

"begin", "will", "intends", "anticipates", progress" and similar expressions

suggesting future events or future performance.

In particular, this document contains forward-looking statements, pertaining

to, without limitation, the following: the Project; the expected commencement

and timing of stakeholder engagement; Pembina's intentions to continue to

progress detailed engineering work, undertake regulatory and environmental

reviews and assessments, proceed with permitting and seek approvals for the

Project; the planned capacity of the proposed West Coast Terminal; the

anticipated capital expenditures related to the Project; the expected

in-service date of the West Coast Terminal; Pembina's expectations around

access to international markets and supply sources; expected integration of the

Project with Pembina's existing and future infrastructure and Company strategy;

the anticipated conclusion of commercial agreements; the ongoing utilization

and expansions of and additions to Pembina's business and asset base, growth

and growth potential. These forward-looking statements and information are

being made by Pembina based on certain assumptions that Pembina has made in

respect thereof as at the date of this document including those discussed below.

With respect to forward-looking statements contained in this document, Pembina

has made assumptions regarding, among other things: the ability of the parties

to effectively engage with stakeholders; that the Project will continue to be

economically and strategically beneficial to the Company; that Pembina's due

diligence will not reveal anything that renders the Project not feasible; that

the Port will obtain all required third-party approvals and agreements for the

Project; that Pembina will obtain all required regulatory, environmental,

governmental and other third-party approvals; that third-parties will provide

any required support; that counterparties will comply with contracts in a

timely manner; the ability of the parties to satisfy the conditions of the

Terminal Agreement and conclude definitive agreements within the time required

under the Terminal Agreement; cost of engineering, environmental, regulatory,

construction and other Project-related expenses; that there are no unforeseen

events preventing the completion of the Project or the performance of

obligations under the Terminal Agreement or commercial agreements; that Pembina

and the Port will obtain Project sanctioning on a timely basis; the competitive

landscape and timing of potential similar projects; ongoing utilization and

future expansion, development, growth and performance of Pembina's business and

asset base; future demand for fractionation and transportation services; future

international supply of and demand for propane; future levels of oil and

natural gas development; and potential revenue and cash flow enhancement;

future cash flows.

Although Pembina believes the expectations and material factors and assumptions

reflected in these forward-looking statements are reasonable as of the date

hereof, there can be no assurance that these expectations, factors and

assumptions will prove to be correct. Readers are cautioned that events or

circumstances could cause results to differ materially from those predicted,

forecasted or projected. By their nature, forward-looking statements involve

numerous assumptions, known and unknown risks and uncertainties that contribute

to the possibility that the predictions, forecasts, projections and other

forward-looking statements will not occur, which may cause actual performance

and financial results in future periods to differ materially from any

projections of future performance or results expressed or implied by such

forward-looking statements and information. Risks and uncertainties inherent in

the nature of the Project include the failure of the parties to satisfy the

conditions to the Terminal Agreement, the failure of the parties to negotiate

and conclude definitive agreements, the inability of Pembina or the Port to

obtain Project sanctioning, Pembina's due diligence revealing the Project to be

not economically or commercially feasible, the inability to secure third-party,

regulatory, environmental or governmental approvals in a timely manner, or at

all, changes to the market for propane or supply sources. Failure to so obtain

such approvals, or the failure to otherwise satisfy the conditions to the

Project, may result in the Project not being completed on the proposed terms,

or at all.

None of the forward-looking statements described above are guarantees of future

performance and are subject to a number of known and unknown risks and

uncertainties, including, but not limited to: the failure to realize the

anticipated benefits of the Project following completion due to integration

issues or otherwise; the impact of competitive entities and pricing; reliance

on key industry partners, alliances and agreements; the strength and operations

of the oil and natural gas production industry and related commodity prices;

the continuation or completion of third- party projects; regulatory environment

and inability to obtain required regulatory approvals; tax laws and treatment;

fluctuations in operating results; lower than anticipated results of operations

and accretion from Pembina's business initiatives; reduced amounts of cash

available for dividends to shareholders; the ability of Pembina to raise

sufficient capital (or to raise capital on favourable terms) to complete future

projects and satisfy future commitments.

The forward-looking statements contained in this document speak only as of the

date of this document. Pembina does not undertake any obligation to publicly

update or revise any forward-looking statements or information contained

herein, except as required by applicable laws. The forward-looking statements

contained in this document are expressly qualified by this cautionary statement.

Pembina Pipeline(R) is a registered trademark of Pembina Pipeline Corporation.

For further information:

Investor Inquiries:

Scott Burrows

Vice President, Capital Markets

+1(403) 231-3156

+1-855-880-7404

e-mail: investor-relations@pembina.com

Media Inquiries:

Laura Lunt

Senior Manager, Regulatory, Environment & External Relations

+1(403) 231-7500

(PPL. PPL.DB.C. PBA)

SOURCE  Pembina Pipeline Corporation