Pembina Pipeline moves expected Cedar LNG FID to year’s fourth quarter

Aug. 4, 2023
Pembina Pipeline received its LNG facility permit from the BC Energy Regulator for development of the proposed 3-million tpy Cedar LNG plant, a partnership between the Haisla Nation and Pembina Pipeline on the Douglas Channel in Kitimat, BC.

Pembina Pipeline Corp. received its LNG facility permit from the BC Energy Regulator for development of the proposed 3-million tonnes/year (tpy) Cedar LNG plant, a partnership between the Haisla Nation and Pembina Pipeline on the Douglas Channel in Kitimat, BC.

Pembina Pipeline, in its second-quarter 2023 earnings release Aug. 3, said incremental non-binding Memorandums of Understanding have been signed and the LNG project is fully subscribed. Work towards signing definite commercial agreements is ongoing.

An environmental assessment certificate from the British Columbia government was received earlier this year (OGJ Online, Mar. 15, 2023).

Cedar LNG elected to progress a second Front End Engineering Design (FEED) process for the floating LNG plant in late 2022 and has been waiting for that work to progress to the same stage as the original FEED, the partnership said in a separate update on the project website.

In conjunction with detailed commercial discussions and ongoing negotiations between LNG Canada and Coastal GasLink, the anticipated final investment decision on Cedar LNG has been revised to fourth-quarter 2023 from third-quarter 2023.

Cedar LNG expects to receive feed gas from the 2.1-bcfd Coastal GasLink natural gas pipeline in Western Canada, which will supply the 14-million tpy LNG Canada liquefaction plant under development in Kitimat, BC (OGJ Online, July 18, 2023).

About the Author

Mikaila Adams | Managing Editor - News

Mikaila Adams has 20 years of experience as an editor, most of which has been centered on the oil and gas industry. She enjoyed 12 years focused on the business/finance side of the industry as an editor for Oil & Gas Journal's sister publication, Oil & Gas Financial Journal (OGFJ). After OGFJ ceased publication in 2017, she joined Oil & Gas Journal and was named Managing Editor - News in 2019. She holds a degree from Texas Tech University.