LNG

Pembina Pipeline Corp., the Canadian natural gas and energy transportation and terminals company, and its Cedar floating LNG partner, the Haisla Nation of British Columbia, have reached landmark deals on LNG offtake, construction and financing.

Pembina Pipeline Corp., the developer of the Cedar LNG project in British Columbia and the owner of North American pipelines and terminals, has received regulatory approval for a deal agreed with Canadian pipelines company peer, Enbridge Inc., to acquire stakes in pipeline and processing systems and power assets for C$3.1 billion (US$2.28Bln).

Pembina Pipeline Corp., the developer of the Cedar LNG project in British Columbia and the owner of North American pipelines and terminals, has concluded a deal with Canadian pipelines company peer, Enbridge Inc., to acquire stakes in pipeline and processing systems and power assets for C$3.1 billion (US$2.28Bln).

A First Nation-led liquefied natural gas export project proposed for near the port of Prince Rupert on the northern Pacific coast of British Columbia has been awarded a 40-year natural gas export licence.

The newest Canadian export project developer, Port Edward LNG, is a British Columbia company proposing to build and operate a small-scale liquefaction plant and to export LNG in ISO containers to nations like China.

TC Energy Corp., the future supplier of LNG feed-gas for plants being developed in the Canadian province of British Columbia, has signed option agreements to sell a 10 percent equity interest in the Coastal GasLink Pipeline partnership to Indigenous communities across the project corridor.

The Impact Assessment Agency of Canada is making available funds for the public and Indigenous groups participating in the permit process for the proposed Cedar LNG Project, a floating production facility and affiliated infrastructure proposed for near Kitimat in British Columbia.

“The project is subject to the federal Impact Assessment Act and British Columbia's Environmental Assessment Act and is undergoing a substituted review process,” said the IAAC in a statement.

This means the Government of British Columbia is conducting the impact assessment on behalf of the Agency and providing a single assessment process that meets the requirements of both the provincial and federal governments.

Cedar LNG Partners, which is a company led by the Haisla First Nation whose traditional territories are around Kitimat, is proposing the FLNG venture with an annual capacity of up to 4 million tonnes per annum of LNG.

The proposed project would have a lifespan of at least 25 years.

Cedar LNG Partners had previously been known as Cedar LNG Export Development Ltd.

The Haisla Nation-owned project is a partnership with Pembina Pipeline Corp., the Canadian pipelines and terminals company.

It will be the largest First Nation-owned infrastructure project in Canada, creating jobs, contracting and other economic opportunities for the Haisla Nation, the community of Kitimat, neighbouring Indigenous Nations and the local region.

Eligible

“Funding is available for eligible individuals and groups to assist their participation in the upcoming steps of the project's assessment, which include reviewing and providing comments,” said the Agency.

“Applications received by February 25, 2022, will be considered,” it added.

The Cedar LNG plant will be powered by electricity from BC Hydro, the provincial hydro-electric company, the project noted in its latest newsletter.

“It will be one of the lowest carbon intensity LNG facilities in the world,” said the company.

“The project will use Canada’s rich natural gas supply and BC’s growing pipeline infrastructure to produce low-carbon, low-cost Canadian LNG Asia-Pacific markets,” added Cedar LNG.

Over the last several months, the Cedar project team has had the opportunity to meet with local municipal governments and stakeholders from across the Kitimat and Terrace region.

“Outreach will continue with stakeholder engagement sessions through the winter,” said the company.

Consultations in the region will include community open houses planned by Cedar LNG for March.

Woodfibre LNG, the mid-scale project near the town of Squamish in British Columbia, has started hiring workers for wide range of posts as the projects development gathers pace.

TC Energy Corp., one of North America’s leading pipeline companies and LNG feed-gas suppliers, posted a first-half loss because of the cancellation of the Keystone oil pipeline to the US and is also in a dispute over the Coast GasLink for Canadian LNG projects in British Columbia.

Pembina Pipeline Corp., the Canadian energy transportation and midstream firm with liquefied natural gas project ambitions, has terminated its acquisition agreement with Inter Pipeline Ltd, the owner of oil and gas pipeline assets in Western Canada as well as storage facilities and processing plants.