CANADA'S Cedar LNG project is on track for the final investment decision this year as the liquefied natural gas export scheme aims to be the first such project in Canada with an indigenous majority ownership. The 3 million tonnes per annum floating LNG project had earlier targeted sanction in the third quarter of 2023 with commercial operations slated to begin in 2027. Cedar LNG construction costs for the project are estimated at roughly US$2.4 billion. Speaking during a media briefing at the LNG 2023 conference in Vancouver, British Columbia, Crystal Smith, chairwoman of the First Nations LNG Alliance, said the Haisla Nation and its midstream joint venture partner Pembina Pipeline Corporation are "pushing our teams through to achieving that [final investment decision] within this year".
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