Cedar LNG
Cedar LNG is a partnership between the Haisla Nation (50.1%) and Pembina Pipeline Corporation (49.9%) developing the world's first Indigenous majority-owned floating LNG export facility in Kitimat, British Columbia. The 3.3 mtpa project, powered by renewable hydroelectricity, targets Asia-Pacific LNG markets under long-term take-or-pay contracts with investment-grade counterparties.
- Company typePrivate
- Founded2021
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
Cedar LNG firmographics
Firmographics- Name
- Cedar LNG
- Legal name
- Cedar LNG
- Website
- https://cedarlng.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Cedar LNG is a partnership between the Haisla Nation (50.1%) and Pembina Pipeline Corporation (49.9%) developing the world's first Indigenous majority-owned floating LNG export facility in Kitimat, British Columbia. The 3.3 mtpa project, powered by renewable hydroelectricity, targets Asia-Pacific LNG markets under long-term take-or-pay contracts with investment-grade counterparties.
- Ownership category
- akta.pro rank
Cedar LNG industry classification
Industry- Product category
- LNG Liquefaction and Export Services
- akta.pro primary industry
- LNG Liquefaction Plants (Onshore & FLNG) (EUALAFAA)
- akta.pro secondary industries
- LNG EPC, Commissioning & Project Development (Engineering, Construction, Permitting) (EUALAFAI), LNG Storage, Terminals & Bunkering (Peak Shaving, Small-Scale LNG) (EUALAFAD), LNG Contracting & Commercial (SPAs, Tolling, Offtake, Pricing) (EUALAFAF)
Keywords
Where Cedar LNG is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Cedar LNG business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- LNG Liquefaction Tolling Services: Cedar LNG generates revenue through 20-year take-or-pay fixed toll liquefaction services agreements. Customers pay fixed fees for LNG production capacity regardless of usage. Anchor contracts include: ARC Resources (1.5 mtpa), Pembina (1.5 mtpa), Ovintiv (0.5 mtpa via 12-year deal), and Petronas (long-term capacity agreement). The remaining capacity is remarketed to additional customers. Total project capacity is 3.3 million tonnes per annum.
- LNG Export Sales: LNG produced at the facility is destined for export to Asia-Pacific markets, enabling Canadian natural gas producers to access global LNG pricing. Pembina completed remarkarketing of 1.5 mtpa Cedar LNG capacity with PETRONAS and Ovintiv.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | 20-year take-or-pay fixed toll contracts for liquefaction capacity |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Cedar LNG product offering
Product offeringCore offering
Cedar LNG operates a floating LNG (FLNG) liquefaction and export facility under construction in Kitimat, British Columbia, with a nameplate capacity of 3.3 million tonnes per annum. The facility is powered entirely by renewable hydroelectricity from BC Hydro and uses Black & Veatch's proprietary PRICO liquefaction technology. Revenue is generated through 20-year take-or-pay fixed tolling contracts under which customers pay fixed fees for liquefaction capacity regardless of usage.
Product overview
Cedar LNG is a single, unified floating LNG export facility project - the world's first Indigenous majority-owned LNG project. The company operates the Cedar LNG floating LNG facility (FLNG) in Kitimat, BC, which receives natural gas via an 8-kilometre pipeline connection to Coastal GasLink. The facility is powered by renewable electricity from BC Hydro. Key infrastructure includes the marine terminal, the floating LNG vessel (under construction in South Korea), and supporting workforce programs including an apprenticeship initiative for Haisla Nation members. Cedar LNG is a partnership between the Haisla Nation (50.1% ownership) and Pembina Pipeline Corporation (49.9% ownership).
Differentiator
Problem solved
Functional benefit
Products and services
- Cedar LNG Floating LNG Facility A floating LNG (FLNG) facility located in Kitimat, British Columbia, within the traditional territory of the Haisla Nation. The facility will liquefy natural gas and export it to Asia-Pacific markets with a nameplate capacity of 3.3 million tonnes per annum, powered by renewable hydroelectricity from BC Hydro. Customers access capacity via 20-year take-or-pay fixed toll contracts.
- Cedar LNG Pipeline Connection An approximately 8-kilometre pipeline connecting the FLNG facility to the Coastal GasLink pipeline system, enabling delivery of 400 million cubic feet per day of Canadian natural gas to the floating facility. Constructed by Ledcor Haisla Limited Partnership with preference given to Haisla and Indigenous members.
Quantifiable outcome
- Lowest carbon intensity LNG facility in the world due to hydroelectric power from BC Hydro
- +3 more outcomes
Companies that use Cedar LNG
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Cedar LNG technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Cedar LNG partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, primary and supporting.
- ExmarcoreAwarded marine operations contract for Cedar LNG's Indigenous-majority-owned facility. Exmar provides specialized marine services for the floating LNG operations.
- Ledcor Haisla Limited Partnership (LHLP)coreJoint venture between Haisla Nation and Ledcor established over 10 years ago. LHLP was selected to construct the pipeline scope of work for Cedar LNG. Responsible for direct hiring with preference given to Haisla and Indigenous members. Construction commenced Q2 2025.
- ExxonMobil CorporationcoreSecured long-term LNG supply deal for approximately 1.5 million tons per annum from Cedar LNG starting in late 2028. Agreement supports ARC Resources' strategy and provides ExxonMobil direct access to Asian buyers via Canada's Pacific Coast.
- Coastal GasLink PipelinecoreCedar LNG has a long-term transportation agreement with Coastal GasLink for 400 million cubic feet per day of firm capacity. Natural gas is delivered through approximately 8.5 km pipeline connecting to the Coastal GasLink system.
- Samsung Heavy IndustriescoreEPC contractor for the FLNG vessel design, fabrication, and delivery. Exclusive relationship secured through heads of agreement in November 2023, with lump-sum EPC agreement finalized. Vessel construction underway at Samsung shipyard in Geoje, South Korea, over 50% complete as of Spring 2026.
- Black & VeatchcoreEPC contractor providing PRICO LNG liquefaction technology and topside expertise. Partnered with Samsung Heavy Industries for the floating LNG facility. Brings deep experience in floating LNG solutions and leading emissions reduction technology.
- Haisla NationprimaryHaisla Nation holds 50.1% majority ownership in Cedar LNG, making it the world's first Indigenous majority-owned LNG project. The partnership represents a model for economic reconciliation, with Haisla Nation obtaining financing through the First Nations Finance Authority. The project is located on Haisla Nation-owned land in the Douglas Channel within their traditional territory. Haisla Nation receives employment, contracting, and economic benefits, with approximately 1700 members.
- Pembina Pipeline CorporationprimaryPembina holds 49.9% ownership and serves as operator of the project. Pembina is a leading energy transportation and midstream service provider serving North America for over 70 years. They have invested approximately US$90 million pre-FID and expect to fund their equity contribution from operating cash flow. Pembina remarketed 1.5 mtpa capacity with PETRONAS and Ovintiv.
- PETRONAScoreSigned long-term deal for liquefaction capacity with Cedar LNG. Pembina completed remarkarketing of 1.5 mtpa Cedar LNG capacity with PETRONAS.
- LNG CanadasupportingAdjacent LNG project in Kitimat. Cedar LNG leverages existing LNG infrastructure including deep-water port, roads, and other support facilities. TC Energy's Coastal GasLink serves both projects.
Scale indicators7 records
Recent moves6 records
Expansion highlights4 records
Cedar LNG competitors and assessment
Company assessmentDirect peers
- Woodfibre LNG: A BC-based, smaller LNG export project near Squamish also using electric-driven liquefaction powered by BC Hydro renewable electricity; the most directly comparable Canadian LNG project on technology, geography, and decarbonization positioning.
- LNG Canada: Largest Canadian LNG export facility, also located in Kitimat, BC, sharing Coastal GasLink pipeline infrastructure and Douglas Channel port facilities with Cedar LNG; comparable on location, customer base, and Asian export orientation.
- Ksi Lisims LNG: A proposed BC floating LNG project led by the Nisga'a Nation with Western LNG and Cedar LNG partners, sharing the floating-LNG, Indigenous-majority ownership, and renewable-power narrative competing for the same British Columbia policy and Asian-buyer ecosystem.
- Shell Prelude FLNG: Shell's floating LNG facility offshore Australia; one of the first operational FLNGs globally and a direct technological analog to Cedar LNG's FLNG design from Black & Veatch/Samsung Heavy Industries.
- Petronas FLNG (FLNG Satu / PFLNG DUA): Petronas operates two FLNG facilities (FLNG Satu and PFLNG DUA) off Malaysia and is also a Cedar LNG long-term offtake counterparty; provides direct FLNG operating precedent and a customer/operator relationship overlap.
- Eni Coral South FLNG: Eni's Coral South FLNG project offshore Mozambique; a large-scale deepwater FLNG comparable to Cedar LNG in vessel-based liquefaction, single-project structure, and long-term offtake with energy majors and Asian buyers.
- Golar LNG: A pioneer in FLNG technology and operator of the Hilli Episeyo and Gimi FLNGs; directly comparable to Cedar LNG on floating-LNG infrastructure and also offers EPC and operating services to FLNG developers.
Emerging players
- Venture Global LNG: A fast-growing US LNG developer/exporter (Calcasieu Pass, Plaquemines) targeting similar Asian and European offtake with long-term SPAs and tolling structures; comparable on business model, long-term contracting, and customer overlap (Asian utilities and majors).
- NextDecade: Developer of Rio Grande LNG (Texas) and other low-carbon LNG initiatives (including CCS proposals); comparable as an emerging LNG developer targeting long-term SPA and tolling structures with Asian buyers and competing for low-carbon LNG positioning.
Broad incumbents
- Cheniere Energy: The largest US LNG exporter, operating Sabine Pass and Corpus Christi; comparable as the incumbent North-American LNG benchmark with long-term investment-grade SPA counterparties and broad Asian utility customer base relevant to Cedar LNG's offtake competition.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Cedar LNG social profiles
Digital presenceCedar LNG compliance and trust
Trust signalCompliance5 records
Cedar LNG financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cedar LNG leadership team
Management profileNumber of profiles
Profiles3 records
Cedar LNG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cedar LNG M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cedar LNG
What does Cedar LNG do?
Cedar LNG operates a floating LNG (FLNG) liquefaction and export facility under construction in Kitimat, British Columbia, with a nameplate capacity of 3.3 million tonnes per annum. The facility is powered entirely by renewable hydroelectricity from BC Hydro and uses Black & Veatch's proprietary PRICO liquefaction technology. Revenue is generated through 20-year take-or-pay fixed tolling contracts under which customers pay fixed fees for liquefaction capacity regardless of usage.
Is Cedar LNG a public or private company?
Cedar LNG is a private company. It is classified as corporate owned and is currently operating.
When was Cedar LNG founded?
Cedar LNG was founded in 2021. It employs 11 to 50 people.
Where is Cedar LNG based?
Cedar LNG is headquartered in Vancouver, Canada, in the North America region.
How does Cedar LNG make money?
Two revenue lines are on record. LNG Liquefaction Tolling Services are the primary driver. The others are LNG Export Sales.
Who are Cedar LNG's main competitors?
Direct peers on record are Woodfibre LNG, LNG Canada, Ksi Lisims LNG, Shell Prelude FLNG, Petronas FLNG (FLNG Satu / PFLNG DUA), Eni Coral South FLNG and Golar LNG. Emerging players are Venture Global LNG and NextDecade. Cheniere Energy is listed as a broad incumbent.
Does Cedar LNG have an API?
No public API is recorded for Cedar LNG.
What industry is Cedar LNG in?
Cedar LNG's product category is LNG Liquefaction and Export Services. Its primary akta.pro industry code is EUALAFAA, LNG Liquefaction Plants (Onshore & FLNG), with a secondary code of EUALAFAI, LNG EPC, Commissioning & Project Development (Engineering, Construction, Permitting).