LNG

Pembina Pipeline Corp., the Canadian natural gas and energy transportation and terminals company, and its Cedar floating LNG partner, the Haisla First Nation of British Columbia, have reached a positive investment decision and will proceed with the near-shore FLNG project on Haisla traditional territory on the Douglas Channel near Kitimat.

Royal Vopak of the Netherlands has reached a positive final investment decision with Canada’s AltaGas to proceed with a large-scale energy and bulk liquids terminal at Ridley Island in the Canadian Pacific province of British Columbia.

May 10 (LNGJ) - Pembina Pipeline Corp., the Canadian developer of the Cedar floating LNG project in the Douglas Channel of British Columbia with the Haisla First Nation, gave an update on the venture’s final investment decision plans as it posted increased first-quarter 2024 earnings of C$438 million (US$320M) versus C$369M in the 2023 quarter.

   “Pembina recently announced significant achievements in the development of the proposed Cedar LNG project, including securing long-term commercial agreements and issuing a notice to proceed to its engineering, procurement, and construction contractors,” said Pembina. “Following these critical milestones Cedar LNG and Pembina's partner, the Haisla Nation, have commenced their respective financing processes in advance of a final investment decision, which is expected by June 2024,” stated Pembina.

Chart Industries, the US LNG equipment-maker and industrial gases company, has received a key order from the Cedar floating LNG project being developed in the Canadian Pacific province of British Columbia.

JX LNG Canada, a privately held company registered in British Columbia, has proposed a fourth LNG export project for northern BC, adding to the already advancing LNG Canada, Cedar FLNG and another First Nation-led venture north of Prince Rupert.

The latest project proposed by JX LNG Canada is called the Summit Lake PG LNG Project and the developers have just filed to start the regulatory process.

The Summit Lake LNG venture is planned for the Caribou Region of BC and the liquefaction facility will be sited about 30 kilometres (19 miles) north of Prince George.

The Impact Assessment Agency of Canada (IAAC) and BC Environmental Assessment Office said they had started working cooperatively for the initial phase of the Summit LNG project's review.

Traditional territory

“The project will be located at the Hart North Industrial site. The site is located approximately 20km from the Lheidli-T’enneh First Nation Community, and within the traditional territory of the Lheidli-T’enneh First Nation,” said the developers JX LNG Canada.

“The project is preliminarily projected to utilize 250 hectares of land,” added JX LNG.

The company explained that a two-phase development is proposed with Phase 1 comprising the production of up to 1.35 million tonnes per annum of LNG.

The second phase would give an additional 1.35 MTPA of output for a total of 2.70 MTPA of LNG.

Commercial operations for Phase 1 are expected to commence in 2028, according to JX LNG’s initial filing for the Summit project.

At full build-out the project plans to process 355 million standard cubic feet per day of natural gas and was expected to operate for 30 years.

The Canadian and BC regulators have now invited  public comments and are setting up information sessions for those in the project area and Canada at large.

“You are invited to review the initial project description and provide feedback. A summary document, in English or French, is available on the project,” said the IAAC.

Review process

“Funding provided by the Agency is now available to help Indigenous Peoples and the public participate in the impact assessment process for the proposed Summit Lake PG LNG Project north of Prince George,” the regulator added.

The other three LNG export projects in northern BC are the soon-to-start industrial-scale LNG Canada venture, the Cedar LNG project involving Pembina Pipeline Corp. and the Haisla First Nation and the Ksi Lisims LNG Partnership project.

The Ksi Lisims LNG Partnership joint venture comprises the Nisga’a Nation, Rockies LNG and Western LNG LLC.

They are proposing a floating liquefaction and export plant near the port of Prince Rupert and have signed a 20-year sale and purchase agreement with the Shell subsidiary, Shell Eastern Trading.

Under the SPA, Shell will purchase 2 MTPA of LNG per annum from the Ksi Lisims project on a free-on-board basis in what was the first LNG offtake agreement executed by the Ksi Lisims venture.

That project plans to produce 12 MTPA at Wil Milit, located north of Prince Rupert and near the Nisga’a tribal village of Gingolx.

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).

Samsung Heavy Industries (SHI), the South Korean shipbuilder, has put a value of US$1.5 billion on the floating liquefied natural gas (FLNG) facility recently ordered for the Canadian Cedar LNG joint venture in the Douglas Channel near Kitimat in British Columbia and modelled on an African FLNG vessel.

Jan 5 (LNGJ) - The Haisla Nation and Pembina Pipeline Corp., equal partners in the development of the proposed Cedar LNG project in the Douglas Sound near Kitimat in British Columbia, have selected South Korea’s Samsung Heavy Industries and US firm Black & Veatch to provide engineering, procurement and construction for the design, fabrication and delivery of the project's floating LNG (FLNG) production unit, subject to a final investment decision.

   “This is a critical milestone on our path towards an FID for Cedar LNG, the first Indigenous majority-owned LNG project in the world,” stated Doug Arnell, Cedar LNG Chief Executive. “We have secured world-class FLNG expertise and look forward to working with SHI and Black & Veatch to build an LNG facility with one of the cleanest environmental profiles in the world that will usher in a new era of low carbon, sustainable LNG production,” Arnell added. Cedar LNG noted that it had major regulatory approvals, had signed memoranda of understanding for long-term liquefaction services for the project's total LNG capacity and expected an FID in the first quarter 2024.

Canadian Spirit Resources Inc., which recently reactivated natural gas production at Farrell Creek in Northeast British Columbia, is aiming for a share in supplying feed gas to regional LNG export projects as it outlined the advantages and challenges of operating in the Montney Shale basin.