CEDAR LNG SIGNS LONG-TERM LIQUEFACTION SERVICES AGREEMENT WITH ARC RESOURCES
The Haisla Nation and Pembina Pipeline Corporation partners in the development of the proposed Cedar LNG Project announced that Cedar LNG has received its Environmental Assessment Certificate (EAC) from the British Columbia Environmental Assessment Office, and has signed a Memorandum of Understanding with ARC Resources for a long-term liquefaction services agreement.
Cedar LNG is a proposed floating LNG facility located on Haisla Nation-owned land in Kitimat, B.C. with the capacity to export three million tonnes per year of LNG. It is strategically positioned to leverage Canada’s abundant and sustainable natural gas supply and deliver a lower-carbon energy option to global markets.
Cedar LNG made several innovative design decisions to minimize the Project’s environmental footprint and ensure it is one of the lowest-emitting LNG facilities in the world. One of the most important decisions was to power the facility with renewable electricity from BC Hydro. In addition, the choice of site location allows the Project to leverage existing LNG infrastructure, including the Coastal GasLink pipeline, with which Cedar LNG has a long-term transportation agreement, a deep-water port, roads, and other infrastructure.
Cedar LNG also received its first permit from the BC Energy Regulator for the approximately 8.5 kilometre pipeline that will connect the Project into the Coastal GasLink pipeline.
(Source and image: Cedar LNG)
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