On Tuesday, March 14 (Reuters) – Pembina Pipeline Corp (PPL.TO) said that its Cedar LNG project had received British Columbia's environmental approval.
Cedar also received its first permit from the province's energy regulator for an 8.5-kilometer pipeline connecting the project to the Coastal GasLink pipeline.
Pembina Pipeline said the project also entered into a memorandum of understanding with oil and gas producer ARC Resources Ltd (ARX.TO) for 20-year liquefaction services. They are working to finalize a supply deal for 1.5 million tonnes of LNG per annum (MTPA).
Cedar LNG is a partnership between the indigenous group the Haisla Nation and the Pembina Pipeline to develop a floating LNG facility in Kitimat, British Columbia, with the capacity to export 3 MTPA of LNG.
