LNG Canada partners have offered five British Columbia First Nations an equity option to invest up to CAD $1 billion for majority ownership of the storage tank planned for LNG Canada's proposed Phase 2 expansion in Kitimat, British Columbia.
The Cedar LNG Project is a floating LNG facility under construction in Kitimat, British Columbia. The project is the first Indigenous majority-owned LNG project in the world and is being led by the Haisla Nation in partnership with Pembina Pipeline Corporation.