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CS - Pembina: Trans Mountain still fits in KML, but not buying - September 2019



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The Kinder Morgan Canada Ltd. that is being acquired by Pembina Pipeline Corp. represents a collection of assets left over after the $4.5 billion (US$3.5 billion) sale last year of the 1,150-km Trans Mountain pipeline (PG.9) to the Canadian government. The line, which runs from Alberta to Vancouver, British Columbia, formed a natural bridge between KML’s Edmonton oil storage business and West Coast storage and marine facilities. When asked about potentially acquiring Trans Mountain......
 
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