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CS - Inter Pipeline’s capex focuses on Canadian Heartland chem plant - January 2020



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Inter Pipeline Ltd. plans to spend $1.1 billion for organic growth projects and $100 million for sustaining capital projects next year. About $980 million of its 2020 capex will be earmarked for NGL processing, with the remainder split among conventional oil pipelines, oil sands transport and bulk liquid storage. Total projected 2020 capex of $1.2 billion is about 18% lower than the projected 2019 budget. The company will put $935 million toward the building......
 
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