The federal government announced a contribution agreement of up to $200 million for the Cedar LNG project.
This is through the Strategic Innovation Fund, that will go towards the $5.9 billion project, which is in partnership between Haisla Nation and Pembina Pipeline Corporation.
In a release, the four-year project consists of the construction, commissioning and operation of a new Indigenous majority-owned floating liquefied natural gas (FLNG) processing facility and marine export terminal in Kitimat.
“Cedar LNG is a reality today in part because of the incredible support we have received from the Government of Canada through the Strategic Innovation Fund.” said Crystal Smith, Chief Councilor of the Haisla Nation.
Haisla values of sustainability and environmental protection are core to how Cedar LNG has been designed, and it will result in one of the most innovative LNG facilities in North America, with one of the lowest carbon footprints in the world. Together with our partner Pembina, we are proud to be changing the face of the Canadian energy sector, in a manner that elevates Indigenous values of environmental and cultural protection.”
The facility will be powered by clean hydroelectricity from BC’s grid and produce ultra low-carbon LNG for overseas markets.
The project will create around 300 full-time construction and trades jobs and 100 highly skilled jobs in Canada, focused on long term Indigenous employment opportunities.
More detailed information can be found on the Government of Canada’s website here.
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