15:59:08 EDT Mon 01 Jun 2026
Enter Symbol
or Name
USA
CA



Pembina Pipeline Corp
Symbol PPL
Shares Issued 581,431,861
Close 2026-05-29 C$ 64.31
Market Cap C$ 37,391,882,981
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Globe says Pembina's Burrows upbeat on LNG prospects

2026-06-01 07:55 ET - In the News

The Globe and Mail reports in its Saturday edition that momentum from the industry and governments means it's time to dust off some of the old engineering studies for liquefied natural gas projects, says the head of Pembina Pipeline. The Globe's Emma Graney writes that Scott Burrows's optimism reflects broad sentiment in the LNG sector. Not only is global demand for the fuel continuing to grow, but Canada has finally entered the export market in a substantial way with the start-up of the LNG Canada export terminal in Kitimat, B.C. At an energy conference in Calgary last week, various industry CEOs spoke about how they are seeing promising leads that can spur significant sector growth. Their confidence is bolstered by a federal government that could green-light new projects prior to the completion of technical assessments and approvals. The conflict in Iran and resulting energy crisis has upended global oil and gas trade, and Canada has the resources and the stable environment needed to capitalize on a new supply landscape. "We don't have a supply choke point, we don't have the Strait of Hormuz, we don't have the Suez Canal. We have a straight shot to Asia, where we believe the demand is coming from," Mr. Burrows said.

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