Last week’s unsolicited bid for Inter Pipeline Ltd highlighted the potential of Canada’s midstream companies, which own key infrastructure such as gathering pipelines, gas-processing plants and storage tanks, to offer insulation from volatile oil prices. Pembina will acquire assets including the Cochin pipeline System, the Edmonton storage and terminal business and bulk storage business Vancouver Wharves, as part of the Kinder Morgan Canada deal.
source https://ca.finance.yahoo.com/news/pembina-buy-kinder-morgan-canada-110303834.html?.tsrc=rss