MOSCOW (MRC) -- Canadian midstream energy company Pembina Pipeline and energy infrastructure major TC Energy (formerly TansCanada) plan to build a “world-scale” carbon transportation and sequestration system in Canada’s oil-rich Alberta province, said the company.
Pembina Pipeline Corp. and TC Energy Corp. have announced a plan to develop a carbon transportation and sequestration system in Alberta.
The companies say the project will form the backbone of Alberta's carbon capture utilization and storage industry. It will be capable of transporting more than 20 million tonnes of carbon dioxide annually.
Pembina and TC Energy plan to retrofit existing pipelines as well as build new systems to connect the province's largest sources of industrial emissions to a sequestration location northeast of Redwater, Alta.
They say that by using existing assets it speeds up timing of the project, reduces environmental and community impacts and is cheaper. Pembina and TC Energy hope to have the first phase to be operational as early as 2025.
As MRC informed earlier, the proposed merger of Canadian energy companies Pembina Pipeline and Inter Pipeline (IPL) could lead to the construction of a second propane dehydrogenation and polypropylene (PP) plant in Alberta. The Canadian company Inter Pipeline Ltd will complete the construction of a polypropylene (PP) plant in Alberta province, Canada by the end of the year, and the polypropylene production itself will begin in early 2022. In addition, the construction of a propane dehydrogenation unit is due to be completed next month. The polypropylene production capacity will be 525 thousand per year.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 744,130 tonnes in the first four month of 2021, up by 4% year on year. Shipments of all PE grades increased. At the same time, PP deliveries to the Russian market were 523,900 tonnes in January-April 2021, up by 55% year on year. Supply of homopolymer PP and PP block copolymers increased, whereas shipments of PP random copolymers decreased.
Pembina Pipeline has been a gas supplier to the North American power system for over 60 years. Pembina owns and operates pipelines that transport a variety of hydrocarbon fluids, including conventional and synthetic crude oils and others, produced in Western Canada and North Dakota.