Pembina Pipeline buys 50% stake in Canada’s FLNG project
Toronto-listed Pembina Pipeline Corp is taking over as operator of the FLNG project. Dubbed the Cedar LNG project, the project is expected to be sanctioned in 2023
The FLNG, which will now draw on the financial backing from a home-grown gas pipeline owner-operator, stands to export up to 50 conventional shipments of LNG per year to buyers in Asia