Project spotlight: Cedar LNG [Gas in Transition]
Project spotlight: Cedar LNG [Gas in Transition]
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Natural Gas News
Project spotlight: Cedar LNG [Gas in Transition]
Summary
Low carbon in comparison with the industry average, majority-owned by First Nations, and close to north Asia markets, Cedar LNG has become the poster child of Canadian LNG development. [Gas in Transition, Volume 3, Issue 8] by: Ross McCracken
Getting LNG projects up and running in Canada has proved challenging, particularly when set against the inevitable comparison with the US. To date, only one major project has seen a final investment decision (FID) and started construction – Shell’s large-scale 14mn tonnes/year LNG Canada project, which is moving towards its first exports in 2025 (see figure 1). In its mid-summer update, LNG Canada reported that the facility was 85% complete and that progress was being made on its potential Phase 2 expansion. However, LNG Canada’s sole journey could change later this year with an FID on Cedar LNG slated for the fourth quarter and first exports expected in 2027. In addition, Woodfibre LNG, a unit of Pacific Energy, said it plans to start construction work on its 2.1mn t/yr facility in September, although no formal FID has been taken. Cedar LNG Although much smaller than LNG Canada ...
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.