The acquisition also boosts Pembina’s position as a major player in the liquefied natural gas (LNG) market. Veresen’s assets include a 50% stake in the Jordan Cove LNG export facility in Oregon, providing Pembina with an entry point into the global LNG market.

Significance of Acquisition for Pembina Pipeline

The pembina pipeline acquisition assets significantly expand Pembina's presence in the energy sector. It gives Pembina access to a large portfolio of energy infrastructure and storage assets, including an extensive network of pipelines, terminals, and storage facilities. The acquisition also provides significant access to the energy market, which has been a key growth area for Pembina.

Impact on Energy Sector

The acquisition of assets by Pembina is expected to have a significant impact on the energy sector. It will increase competition in the sector by introducing a new player into the market. It will also provide access to a larger portfolio of energy infrastructure and storage assets, which will help to increase efficiency and lower costs for energy producers.

Conclusion

The acquisition of KEMP's assets by Pembina Pipeline Corporation is a major event in the energy sector. It will expand Pembina's presence in the sector and increase competition while providing access to a larger portfolio of energy infrastructure and storage assets. This acquisition is expected to have a significant impact on the energy sector in both the short and long term.