07:01 AM EDT, 08/01/2025 (MT Newswires) -- Pembina Pipeline ( PBA ) on Friday signed a long-term tolling agreement with AltaGas ( ATGFF ) for 30,000 barrels per day (bpd) of liquified petroleum gases export capacity at AltaGas' ( ATGFF ) current Ridley Island Propane Export Terminal and future Ridley Island Energy Export Facility.

Under the deal, Pembina secured export capacity of 20,000 bpd starting in April 2026, and an additional 10,000 bpd starting in April 2027.

The company said in combination with 20,000 bpd of capacity at its Prince Rupert Terminal, it will have 50,000 bpd of global market access off Canada's West Coast, including to premium price markets in Asia, for its own and its customers' propane.

U.S.-listed shares of Pembina were last seen down 1.9% at $36.5 in pre-market trading.