Pembina Pipeline (PBA) gets environmental clearance from the British Columbia government for its $2.4 billion Cedar liquefied natural gas project, with an estimated 3-million-ton export capacity.
KITIMAT, British Columbia, March 14, 2023--The Haisla Nation and Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA), partners in the development of the proposed Cedar LNG Project ("Cedar LNG" or the "Project"), are pleased to announce that Cedar LNG today has received its Environmental Assessment Certificate ("EAC") from the B.C. Environmental Assessment Office, and has signed a Memorandum of Understanding ("MOU") with ARC Resources Ltd. ("ARC") for a long-term liquefaction services
Pembina Pipeline (PBA) projects adjusted 2023 EBITDA in the range of $3.5-$3.8 billion with an $800 million capital program.