Pembina Pipeline deferring Cedar LNG decision until mid-year

CALGARY — Pembina Pipeline Corp. says it will defer making a final investment decision on its proposed Cedar LNG project until mid-2024.

The Calgary-based pipeline company and its project partner, the Haisla First Nation, have been working to develop plans for a floating liquefied natural gas facility in Kitimat, B.C.

The project partners had previously said a decision to go ahead with the project could be made before the end of the first quarter, with onshore construction work starting as soon as the second quarter of this year.

But Pembina now says there a number of issues that must be resolved before a final decision can be made, including

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