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The Canadian government recently announced its support for the Cedar LNG project,which is a joint venture between the Heslar Nation and Canadian energy infrastructure company Pembina Pipeline Corporation.The project plans to build a floating liquefied natural gas(FLNG)facility with an annual capacity of 3.3 million tons on the Heslar Nation’s traditional territory on the west coast of Canada.The Department of Innovation,Science and Economic Development of Canada has stated that this project will become the largest Indigenous majority owned infrastructure project in Canada.
Lisa Baiton,President and CEO of the Canadian Petroleum Producers Association(CAPP),emphasized that Canada is at an economic crossroads and the energy industry should play a foundational role in driving new investments and creating high paying job opportunities.She called on the government to remove obstacles to infrastructure construction,simplify project approval processes,and continue to promote emission reduction technologies to enhance environmental leadership.
The Canadian government has provided up to$200 million in funding support to the Cedar LNG project through the Strategic Innovation Fund(SIF),with a total investment of$5.963 billion for the floating liquefied natural gas(FLNG)facility project.Energy and Natural Resources Minister Jonathan Wilkinson stated that this support reflects the government’s commitment to indigenous economic reconciliation,while ensuring that the project meets national climate and environmental goals.
Scott Burrows,President and CEO of Pembina Pipeline Corporation,stated that the Cedar LNG project showcases a model of industry,Indigenous,and government collaboration,providing low-carbon,cost competitive Canadian liquefied natural gas globally.The project is expected to create approximately 300 full-time jobs during the construction phase and contribute$85 million in Gross Domestic Product(GDP)annually during the operational phase.