Western Canada's Asian Natural Gas Exports to Expand as Cedar LNG Sanctions BC Project - Natural Gas Intelligence
Western Canada’s Asian Natural Gas Exports to Expand as Cedar LNG Sanctions BC Project
In a long awaited announcement Tuesday, the Haisla Nation and Pembina Pipeline Corp. agreed to move forward with Cedar LNG Partners LP’s 3.3 million metric ton/year (mmty) export project on Canada’s west coast.
Late 2028 is the target to begin natural gas exports from the floating liquefied natural gas (FLNG) project in British Columbia (BC). Built on Haisla territory, Cedar would be powered with renewable electricity provided by BC Hydro. As designed, it would be one of the lowest emitting LNG projects in the world.
The Haisla Nation, with 50.1% ownership, and Pembina, with a 49.9% stake, “have made history as the world’s first Indigenous community to develop an LNG facility as majority owners," Haisla Chief Councillor Crystal Smith said.
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.