Developers of the Cedar LNG have marked a critical milestone with the signing of long-term natural gas offtake agreements and a notice to proceed with engineering, procurement, and construction (EPC) contracts.
Cedar LNG today also revealed the cost of the project — US$3.4 billion ($4.6 billion) – and anticipated commercial operations date: 2028.
The Cedar LNG project in Kitimat is being developed by the Haisla First Nation and Pembina Pipleine Corp. (TSX:PPL,NYSE:PBA).
Cedar LNG announced it was issuing a notice to proceed on EPC contracts with Samsung Heavy Industries and Black and Veatch, following the signing of long-term gas supply agreements.
ARC Resources Ltd. (TSX: ARX) will supply Cedar LNG
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