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Pembina Pipeline Corporation ("Pembina") (TSX:PPL, NYSE:PBA) announced that the Canada Energy Regulator (the "CER") has approved the negotiated settlement (the "Settlement") between Alliance Pipeline Limited Partnership ("Alliance") and shippers and interested parties (the "Shipper Committee") on the Canadian portion of the Alliance Pipeline.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250916593681/en/
"We are pleased that the CER has approved the Settlement between Alliance and the Shipper Committee, resulting in a just and reasonable tolling structure for the next ten years," said Scott Burrows, Pembina's President and Chief Executive Officer. "Pembina looks forward to continuing to deliver exceptional customer service and maximizing the value of this critical and highly differentiated North American energy infrastructure asset."
The full decision is available for viewing on the CER Website.