Jan 7 (Reuters) - Pembina Pipeline Corp PPL.TO :
* ORATION ANNOUNCES LUMP SUM CONTRACT FOR PETROCHEMICAL FACILITY
* REVISED ITS PROPORTIONATE SHARE OF CAPITAL COST OF PDH/PP FACILITY TO $2.7 BILLION
* REVISED CAPITAL COST ESTIMATE WILL NOT AFFECT PEMBINA'S PREVIOUSLY ANNOUNCED 2020 CAPITAL BUDGET
* CANADA KUWAIT PETROCHEMICAL CORPORATION NOW EXPECTS PDH/PP FACILITY TO BE PLACED INTO COMMERCIAL SERVICE IN H2 OF 2023
* PEMBINA-CKPC EXECUTED LUMP SUM CONTRACT RELATED TO CONSTRUCTION OF PROPANE DEHYDROGENATION FACILITY IN ITS INTEGRATED PDH AND PP UPGRADING FACILITY
* WITH THIS CONTRACT, CKPC HAS FIXED APPROXIMATELY 60 PERCENT OF COST OF PDH/PP FACILITY THUS FAR