PBA - Pembina Pipeline's Cedar LNG On Track For Final Investment Decision In June: Details | Benzinga
Pembina Pipeline Corporation (NYSE:PBA) disclosed the progress on its proposed Cedar liquefied natural gas (LNG) project and provided a multi-year outlook at its 2024 investor day yesterday.
The company disclosed that its proposed Cedar LNG project, estimated at $3.4 billion, continues to be on track. It expects a final investment decision (FID) in June 2024.
Cedar, a joint venture between Haisla First Nation and Pembina, is expected to be completed in 2028 and produce 3.3 million tons of LNG annually. Post completion, Cedar will be one of Canada’s ...