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Pembina Pipeline seeing increased interest from potential Cedar LNG suppliers: CEO

Nov 6, 2024 | 8:49 AM

CALGARY — Pembina Pipeline Corp. says it has seen an uptick in interest from potential long-term contracted natural gas suppliers since making a firm decision to go ahead with the Cedar LNG project.

The Calgary-based pipeline company and its project partner, the Haisla First Nation, green-lit the US$4-billion facility in June.

Pembina CEO Scott Burrows said Wednesday the positive final investment decision has given potential suppliers more confidence, and he expects the facility’s remaining uncontracted capacity will demand a “premium.”

The project will involve the construction, expected to start in mid-2025, of a floating liquefied natural gas terminal near Kitimat, B.C.