TORONTO (ICIS)–Pembina Pipeline does not expect material near-term impacts from the US tariffs or from the delay of Dow’s Path2Zero petrochemicals project in Alberta province, the top executives of the Canadian midstream energy company told analysts in an update on Friday.
TARIFFS
Given the “highly contracted” take-or-pay nature of Pembina’s energy business, there should be no material near-term impacts from tariffs, they said.
Also, Pembina’s energy products were compliant with the US-Mexico-Canada (USMCA) trade agreement, they added and went on to note that USMCA-compliant products were currently not subject to the 10% US tariff on energy.
Furthermore, so far, the company has not observed any significant changes to producer activity in the Western Canada Sedimentary Basin (WCSB) because of the tariffs, they said.
Published by: www.icis.com
Stefan Baumgarten
09-May-2025
