In a significant development, the Haisla Nation and Pembina Pipeline Corporation have announced that Samsung Heavy Industries and Black & Veatch have been chosen as the engineering, procurement, and construction providers for the Cedar LNG Project. This project aims to create the first Indigenous majority-owned liquefied natural gas facility in the world.
The selection of SHI and Black & Veatch for the design, fabrication, and delivery of the floating LNG production unit marks a critical milestone towards the Final Investment Decision for the Cedar LNG Project. The Chief Executive Officer of Cedar LNG, Doug Arnell, expressed enthusiasm about securing world-class FLNG expertise and emphasised the project’s commitment to low carbon and sustainable LNG production.
Black & Veatch Chairman & CEO, Mario Azar, highlighted their role in supporting Cedar LNG’s groundbreaking endeavor and their dedication to delivering a reliable and resilient global energy supply amidst the ongoing energy transition.
With major regulatory approvals already in place and long-term liquefaction services agreements secured for the project’s total LNG capacity, Cedar LNG is now in an advanced stage of planning and development. The FID is expected to be reached by the end of the first quarter of 2024.
Assuming a positive FID, onshore construction work for the Cedar LNG Project could begin as early as the second quarter of 2024. The FLNG is projected to be delivered and substantially completed by 2028. This milestone brings the Cedar LNG Project closer to its goal of establishing an environmentally-friendly LNG facility that will play a crucial role in the global energy landscape.
For more information visit www.cedarlng.com
