RBC Capital Markets says it expects to see the partners behind the proposed US$3.4-billion Cedar LNG project give it the go-ahead. The Haisla First Nation's Kitimaat Village is seen in an aerial view along the Douglas Channel near Kitimat, B.C., on Tuesday, Jan. 10, 2012. THE CANADIAN PRESS/Darryl Dyck.Corp. and its partner, the Haisla Nation of B.C., to green light the project with a final investment decision soon.
Pembina also said Thursday it has issued a formal “notice to proceed” to its contractors for the engineering, procurement and construction of the LNG production unit.Jump in unemployment rate puts Bank of Canada in a ‘tricky spot’. Here’s whyCedar LNG has already obtained all major regulatory approvals and is advancing an agreement that would connect the floating facility to Coastal GasLink, the TC Energy-owned pipeline that will also carry natural gas to the Shell-led LNG Canada facility.
Pembina said Thursday it expects to make its final investment decision on Cedar LNG by the middle of this year.
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