Pembina and Haisla Nation Approve $4B Cedar LNG Project
The new floating LNG facility in British Columbia aims to be one of the lowest-emitting in the world, powered by renewable electricity.
- The Cedar LNG project will produce 3.3 million metric tons of LNG annually for export to Asian markets.
- Located in Kitimat, B.C., the facility leverages Canada's natural gas reserves and existing infrastructure.
- The project is majority-owned by the Haisla Nation, marking the largest Indigenous-owned infrastructure project in Canada.
- Financed through a mix of debt and equity, the project has strong support from both domestic and international investors.
- Construction is set to begin soon, with the facility expected to be operational by late 2028.