To carry the additional load, the company is installing a new 16in diameter pipeline from Fox Creek to Namao in Alberta and a 12in diameter pipeline from Wapiti to Kakwa in Alberta.
Strong demand from customers has led the company to expand the capacity.
The 16in diameter pipeline will be approximately 270km in length, whereas the other will be 70km in length with initial capacity of around 95,000bpd.
Pembina Pipeline president and CEO Mick Dilger said: "With the 16" diameter pipeline, Pembina will have four pipelines in the Fox Creek to Namao corridor with an ultimate capacity of over 1,000,000bpd.
"This will allow us to transport four distinct hydrocarbons – propane-plus, ethane-plus, condensate and crude oil – each in its own segregated pipeline.
"In addition, we will be able to provide a ratable flow of propane-plus and ethane-plus into industry fractionators, including our Redwater fractionator, which will help to optimize operations at these facilities."
Pembina Pipeline pipeline & crude oil facilities senior vice president Paul Murphy said: "Pembina continues to see interest in the Phase III Expansion, as evidenced by these new volumes.
"We are in ongoing discussions with our customers to ensure their transportation needs are addressed as early on in the development of this expansion as possible. As a result of the pipelines approved today, we will be in a position to support their existing and future growth plans."
Both the pipelines will cost the company additional C$435m ($393.2m) to build and are expected to start operating by mid 2017.
