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Pembina’s Cedar LNG Expansion Possible with More Gas Supply

LNG
Homepagemarkets-real-timeCommoditiesEnergy BulletsBulletCanada Bank of Canada Market News

Pembina’s Pipeline’s planned Cedar LNG could be expanded in the future is further pipeline gas is accessible, executives said in an investor update, cited by Bloomberg.

  • The FID on Cedar LNG is expected to be in June, by which time financing for the project will be secure.
  • The company isn’t devoting time to possible stake purchases of the Trans Mountain pipeline due to excess uncertainty, Bloomberg said.
  • The Trans Mountain pipeline expansion is expected to generate an additional 120k b/d of condensate demand to Western Canada.
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Pembina’s Pipeline’s planned Cedar LNG could be expanded in the future is further pipeline gas is accessible, executives said in an investor update, cited by Bloomberg.

  • The FID on Cedar LNG is expected to be in June, by which time financing for the project will be secure.
  • The company isn’t devoting time to possible stake purchases of the Trans Mountain pipeline due to excess uncertainty, Bloomberg said.
  • The Trans Mountain pipeline expansion is expected to generate an additional 120k b/d of condensate demand to Western Canada.